COMPASS WATCH, CANNON STREET, LYMINGTON, SO41 9BR - £1,275,000

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

COMPASS WATCH is a very large detached house of 177m². It was last sold for £1,275,000 in June 2023, which was around 117% above the average June 2023 detached price in the New Forest local authority area. The most recent EPC inspection was July 2019, where the current energy rating was B, and the potential energy rating was A.

COMPASS WATCH Sold Prices

Land registry data shows five sales for COMPASS WATCH since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. All of the five COMPASS WATCH 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
2023 16 JUN	£1,275,000	£587,528	117% above HPI
2021 1 JUN	£1,275,000	£516,296	147% above HPI
2019 17 JUL	£1,200,000	£469,845	155% above HPI
2017 31 JAN	£1,350,000	£454,163	197% above HPI
2016 27 MAY	£575,000	£435,493	32% above HPI

COMPASS WATCH 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 five COMPASS WATCH sales between May 2016 and June 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 June 2021 sale was for 147% above the HPI. So the extrapolation line tracks at 147% above the HPI over time, until the June 2023 sale, where it falls to 117% above the HPI. The line then continues to track at 117% above the HPI.

How Large is COMPASS WATCH?

COMPASS WATCH is 177m² according to the EPC inspection conducted in July 2019. This puts it in the largest 20% of detached houses in Lymington, based on EPC data. The below chart shows the distribution of detached houses by size in Lymington, and where COMPASS WATCH lies on this distribution: 82% of detached houses are smaller than COMPASS WATCH, and 18% of houses are larger. Note that EPC data is not available for all properties in Lymington.

COMPASS WATCH: Plot and Title Map

COMPASS WATCH sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of COMPASS WATCH, 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 COMPASS WATCH). 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 COMPASS WATCH?

COMPASS WATCH is located on CANNON STREET in LYMINGTON, in the SO41 postcode district. The below map shows the position of COMPASS WATCH on CANNON STREET.