CHERRIES, CRABBSWOOD LANE, SWAY, LYMINGTON, SO41 6EQ - £260,000

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

CHERRIES is a very small extended detached house of 64m², built sometime between 1900 and 1929. It was last sold for £260,000 in March 2002, which was around 26% above the average March 2002 detached price in the New Forest local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.

CHERRIES Sold Prices

Land registry data shows three sales for CHERRIES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. All of the three CHERRIES 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
2002 27 MAR	£260,000	£206,434	26% above HPI
2001 20 JUL	£249,950	£204,033	23% above HPI
2000 19 MAY	£230,000	£170,668	35% above HPI

CHERRIES 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 three CHERRIES sales between May 2000 and March 2002 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 July 2001 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the March 2002 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is CHERRIES?

CHERRIES is 64m², which includes two extensions, according to the EPC inspection conducted in April 2012. This puts it in the smallest 10% of detached houses in Tiptoe, based on EPC data. The below chart shows the distribution of detached houses by size in Tiptoe, and where CHERRIES lies on this distribution: 4% of detached houses are smaller than CHERRIES, and 96% of houses are larger. Note that EPC data is not available for all properties in Tiptoe.

CHERRIES: Plot and Title Map

CHERRIES sits on a plot of roughly 0.203 of an acre, or 821m². The below map shows the location of CHERRIES, 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 CHERRIES). 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 CHERRIES?

CHERRIES is located on CRABBSWOOD LANE in SWAY, in the SO41 postcode district. The below map shows the position of CHERRIES on CRABBSWOOD LANE.