Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
8 SOUTH GROVE is a large extended detached house of 164m², built sometime between 1983 and 1990. It was last sold for £965,000 in March 2018, which was around 101% above the average March 2018 detached price in the New Forest local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 8 SOUTH GROVE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. Both of the two 8 SOUTH GROVE 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 |
---|---|---|---|
2018 28 MAR | £965,000 | £480,742 | 101% above HPI |
1997 18 APR | £280,000 | £111,106 | 152% above HPI |
The below graph shows the average detached house price in the New Forest local authority area over time, sourced from the HPI. The two 8 SOUTH GROVE sales from April 1997 and March 2018 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 April 1997 sale was for 152% above the HPI. So the extrapolation line tracks at 152% above the HPI over time, until the March 2018 sale, where it falls to 101% above the HPI. The line then continues to track at 101% above the HPI.
8 SOUTH GROVE is 164m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the largest 30% 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 SOUTH GROVE lies on this distribution: 77% of detached houses are smaller than 8 SOUTH GROVE, and 22% of houses are larger. Note that EPC data is not available for all properties in Lymington.
8 SOUTH GROVE sits on a plot of roughly 0.216 of an acre, or 876m². The below map shows the location of 8 SOUTH GROVE, 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 SOUTH GROVE). 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 SOUTH GROVE is located in LYMINGTON, in the SO41 postcode district. The below map shows the position of No. 8 on SOUTH GROVE.