BERRY LODGE, HOLLIES CLOSE, SWAY, LYMINGTON, SO41 6BD - £457,500

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

BERRY LODGE is a very small detached house of 73m², built sometime between 1950 and 1966. It was last sold for £457,500 in November 2023, which was around 20% below the average November 2023 detached price in the New Forest local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was B.

BERRY LODGE Sold Prices

Land registry data shows two sales for BERRY LODGE 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. One of the two BERRY LODGE sales was for below the average price, whilst the other was roughly equal to 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
2023 23 NOV	£457,500	£568,660	20% below HPI
2018 6 APR	£485,000	£482,877	Close to HPI

BERRY LODGE 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 BERRY LODGE sales from April 2018 and November 2023 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 2018 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the November 2023 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is BERRY LODGE?

BERRY LODGE is 73m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 10% of detached houses in Sway, based on EPC data. The below chart shows the distribution of detached houses by size in Sway, and where BERRY LODGE lies on this distribution: 6% of detached houses are smaller than BERRY LODGE, and 93% of houses are larger. Note that EPC data is not available for all properties in Sway.

BERRY LODGE: Plot and Title Map

BERRY LODGE sits on a plot of roughly 0.206 of an acre, or 834m². The below map shows the location of BERRY LODGE, 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 BERRY LODGE). 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 BERRY LODGE?

BERRY LODGE is located on HOLLIES CLOSE in SWAY, in the SO41 postcode district. The below map shows the position of BERRY LODGE on HOLLIES CLOSE.