CHEVIOT, NORTH CLOSE, LYMINGTON, SO41 9BT - £640,000

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

CHEVIOT is a large extended detached house of 144m², built sometime between 1930 and 1949. It was last sold for £640,000 in September 2019, which was around 35% above the average September 2019 detached price in the New Forest local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was C.

CHEVIOT Sold Prices

Land registry data shows three sales for CHEVIOT 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. Two of the three CHEVIOT sales were for above the average price, whilst one was 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
2019 24 SEP	£640,000	£475,500	35% above HPI
2012 30 NOV	£445,000	£348,767	28% above HPI
1997 7 JUL	£108,000	£119,407	10% below HPI

CHEVIOT 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 CHEVIOT sales between July 1997 and September 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 November 2012 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the September 2019 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is CHEVIOT?

CHEVIOT is 144m², which includes two extensions, according to the EPC inspection conducted in September 2012. This puts it in the largest 40% of detached houses in Lymington, based on EPC data. The below chart shows the distribution of detached houses by size in Lymington, and where CHEVIOT lies on this distribution: 66% of detached houses are smaller than CHEVIOT, and 34% of houses are larger. Note that EPC data is not available for all properties in Lymington.

CHEVIOT: Plot and Title Map

CHEVIOT sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of CHEVIOT, 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 CHEVIOT). 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 CHEVIOT?

CHEVIOT is located on NORTH CLOSE in LYMINGTON, in the SO41 postcode district. The below map shows the position of CHEVIOT on NORTH CLOSE.