CHASEFIELD, GROVE ROAD, LYMINGTON, SO41 3RF - £900,000

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

CHASEFIELD is a large extended detached house of 156m², built sometime between 1983 and 1990. It was last sold for £900,000 in January 2019, which was around 88% above the average January 2019 detached price in the New Forest local authority area. The most recent EPC inspection was October 2009, where the current energy rating was E, and the potential energy rating was D.

CHASEFIELD Sold Prices

Land registry data shows four sales for CHASEFIELD since 1^st 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. All of the four CHASEFIELD 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
2019 25 JAN	£900,000	£477,667	88% above HPI
2015 4 DEC	£960,000	£421,136	128% above HPI
2010 16 MAY	£850,000	£343,164	148% above HPI
1997 2 MAY	£230,000	£113,679	102% above HPI

CHASEFIELD 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 four CHASEFIELD sales between May 1997 and January 2019 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 December 2015 sale was for 128% above the HPI. So the extrapolation line tracks at 128% above the HPI over time, until the January 2019 sale, where it falls to 88% above the HPI. The line then continues to track at 88% above the HPI.

How Large is CHASEFIELD?

CHASEFIELD is 156m², which includes one extension, according to the EPC inspection conducted in October 2009. 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 CHASEFIELD lies on this distribution: 73% of detached houses are smaller than CHASEFIELD, and 27% of houses are larger. Note that EPC data is not available for all properties in Lymington.

CHASEFIELD: Plot and Title Map

CHASEFIELD sits on a plot of roughly 0.235 of an acre, or 952m². The below map shows the location of CHASEFIELD, 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 CHASEFIELD). 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 CHASEFIELD?

CHASEFIELD is located on GROVE ROAD in LYMINGTON, in the SO41 postcode district. The below map shows the position of CHASEFIELD on GROVE ROAD.