ASTERIA, YARRELL MEAD, PENNINGTON, LYMINGTON, SO41 8HB - £380,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

ASTERIA is a midsized extended detached house of 134m², built sometime from 2007 onwards, which could now be worth an estimated £510,156. It was last sold for £380,000 in August 2015, which was around 12% below the average August 2015 detached price in the New Forest local authority area. The most recent EPC inspection was November 2013, where the current energy rating was C, and the potential energy rating was B.

ASTERIA Sold Prices

Land registry data shows two sales for ASTERIA since 1^st 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 ASTERIA sales were for below 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
2015 7 AUG	£380,000	£433,850	12% below HPI
2012 27 JAN	£305,000	£359,410	15% below HPI

ASTERIA Price Paid vs. HPI Average

The below graph shows the average detached house price in the New Forest local authority area over time, sourced from the HPI. The two ASTERIA sales from January 2012 and August 2015 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 2012 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2015 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might ASTERIA be worth now?

ASTERIA might now be worth an estimated £510,156.

This is based on house price inflation of 34.3%, between August 2015 and February 2025, for detached houses, in the New Forest local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 34.3% inflationary increase is applied to the most recent sale price for ASTERIA of £380,000 on 7th August 2015. For the value to have increased from £380,000 to £510,156 over the ten years and six months to February 2025, the following assumptions must hold true:

• The value of ASTERIA has moved in line with the HPI for detached houses in the New Forest local authority area.
• The August 2015 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of ASTERIA has not materially changed since August 2015.

How Large is ASTERIA?

ASTERIA is 134m², which includes one extension, according to the EPC inspection conducted in November 2013. This puts it in the largest 50% of detached houses houses in Lymington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lymington, and where ASTERIA lies on this distribution: 57% of detached houses houses are smaller than ASTERIA, and 42% of houses are larger. Note that EPC data is not available for all properties in Lymington.

ASTERIA: Plot and Title Map

ASTERIA sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of ASTERIA, 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 ASTERIA). 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.

Where is ASTERIA?

ASTERIA is located on YARRELL MEAD in PENNINGTON, in the SO41 postcode district. The below map shows the position of ASTERIA on YARRELL MEAD.