Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
8 KINGS ROAD is a very large extended detached house of 183m², built sometime between 1930 and 1949. It was last sold for £703,000 in July 2020, which was around 48% above the average July 2020 detached price in the New Forest local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 8 KINGS ROAD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. Most of the four 8 KINGS ROAD sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).
Date | Price | HPI Price | Variation from HPI |
---|---|---|---|
2020 14 JUL | £703,000 | £476,136 | 48% above HPI |
2005 14 JAN | £500,000 | £303,213 | 65% above HPI |
2001 29 AUG | £250,000 | £205,549 | 22% above HPI |
1999 3 DEC | £120,000 | £157,204 | 24% below HPI |
The below graph shows the average detached house price in the New Forest local authority area over time, sourced from the HPI. The four 8 KINGS ROAD sales between December 1999 and July 2020 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the January 2005 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the July 2020 sale, where it falls to 48% above the HPI. The line then continues to track at 48% above the HPI.
8 KINGS ROAD is 183m², which includes one extension, according to the EPC inspection conducted in January 2017. This puts it in the largest 20% of detached houses in Lymington, based on EPC data. The below chart shows the distribution of detached houses by size in Lymington, and where 8 KINGS ROAD lies on this distribution: 85% of detached houses are smaller than 8 KINGS ROAD, and 15% of houses are larger. Note that EPC data is not available for all properties in Lymington.
8 KINGS ROAD sits on a plot of roughly 0.156 of an acre, or 633m². The below map shows the location of 8 KINGS ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 8 KINGS ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.
8 KINGS ROAD is located in LYMINGTON, in the SO41 postcode district. The below map shows the position of No. 8 on KINGS ROAD.