CONCORD, STANFORD HILL, LYMINGTON, SO41 8DE - £1,145,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

CONCORD is a very large extended detached house of 199m², built sometime between 1967 and 1975, which could now be worth an estimated £1,172,509. It was last sold for £1,145,000 in October 2021, which was around 101% above the average October 2021 detached price in the New Forest local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was C.

CONCORD Sold Prices

Land registry data shows two sales for CONCORD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. Both of the two CONCORD 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
2021 14 OCT	£1,145,000	£568,785	101% above HPI
2010 31 MAR	£670,000	£353,376	90% above HPI

CONCORD 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 two CONCORD sales from March 2010 and October 2021 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 2010 sale was for 90% above the HPI. So the extrapolation line tracks at 90% above the HPI over time, until the October 2021 sale, where it rises to 101% above the HPI. The line then continues to track at 101% above the HPI.

What might CONCORD be worth now?

CONCORD might now be worth an estimated £1,172,509.

This is based on house price inflation of 2.4%, between October 2021 and February 2025, for detached houses, in the New Forest local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.4% inflationary increase is applied to the most recent sale price for CONCORD of £1,145,000 on 14th October 2021. For the value to have increased from £1,145,000 to £1,172,509 over the four years and eight months to February 2025, the following assumptions must hold true:

• The value of CONCORD has moved in line with the HPI for detached houses in the New Forest local authority area.
• The October 2021 sale price of £1,145,000 represented a fair market value for the property.
• The size, condition, and specification of CONCORD has not materially changed since October 2021.

How Large is CONCORD?

CONCORD is 199m², which includes three extensions, according to the EPC inspection conducted in February 2020. This puts it in the largest 20% of detached houses houses in Lymington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lymington, and where CONCORD lies on this distribution: 89% of detached houses houses are smaller than CONCORD, and 11% of houses are larger. Note that EPC data is not available for all properties in Lymington.

CONCORD: Plot and Title Map

CONCORD sits on a plot of roughly 0.374 of an acre, or 1,514m². The below map shows the location of CONCORD, 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 CONCORD). 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 CONCORD?

CONCORD is located on STANFORD HILL in LYMINGTON, in the SO41 postcode district. The below map shows the position of CONCORD on STANFORD HILL.