CHERRY COTTAGE, MIDDLE ROAD, TIPTOE, LYMINGTON, SO41 6FX - £438,000

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

CHERRY COTTAGE is a small extended detached house of 103m², built sometime between 1996 and 2002. It was last sold for £438,000 in July 2015, which was around 9% above the average July 2015 detached price in the New Forest local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was C.

CHERRY COTTAGE Sold Prices

Land registry data shows three sales for CHERRY COTTAGE 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. The three CHERRY COTTAGE sales were a mix of above the average price, and 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
2015 10 JUL	£438,000	£400,939	9% above HPI
2004 26 MAR	£375,000	£286,280	31% above HPI
2000 27 OCT	£189,000	£188,071	Close to HPI

CHERRY COTTAGE 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 CHERRY COTTAGE sales between October 2000 and July 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 March 2004 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the July 2015 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is CHERRY COTTAGE?

CHERRY COTTAGE is 103m², which includes two extensions, according to the EPC inspection conducted in August 2014. This puts it in the smallest 40% of detached houses in Tiptoe, based on EPC data. The below chart shows the distribution of detached houses by size in Tiptoe, and where CHERRY COTTAGE lies on this distribution: 30% of detached houses are smaller than CHERRY COTTAGE, and 70% of houses are larger. Note that EPC data is not available for all properties in Tiptoe.

CHERRY COTTAGE: Plot and Title Map

CHERRY COTTAGE sits on a plot of roughly 0.195 of an acre, or 789m². The below map shows the location of CHERRY COTTAGE, 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 CHERRY COTTAGE). 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 CHERRY COTTAGE?

CHERRY COTTAGE is located on MIDDLE ROAD in TIPTOE, in the SO41 postcode district. The below map shows the position of CHERRY COTTAGE on MIDDLE ROAD.