CORNERWAYS, QUEEN KATHERINE ROAD, LYMINGTON, SO41 3RZ - £800,000

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

CORNERWAYS is a midsized extended semi-detached house of 126m², built sometime between 1930 and 1949. It was last sold for £800,000 in June 2021, which was around 55% above the average June 2021 detached price in the New Forest local authority area. The most recent EPC inspection was June 2024, where the current energy rating was D, and the potential energy rating was C.

CORNERWAYS Sold Prices

Land registry data shows three sales for CORNERWAYS 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 CORNERWAYS 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 16 JUN	£800,000	£516,296	55% above HPI
2011 17 AUG	£467,500	£354,455	32% above HPI
2003 16 JUL	£279,950	£275,582	2% above HPI

CORNERWAYS 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 CORNERWAYS sales between July 2003 and June 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 August 2011 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the June 2021 sale, where it rises to 55% above the HPI. The line then continues to track at 55% above the HPI.

How Large is CORNERWAYS?

CORNERWAYS is 126m², which includes one extension, according to the EPC inspection conducted in June 2024. This puts it in the largest 50% of detached houses in Lymington, based on EPC data. The below chart shows the distribution of detached houses by size in Lymington, and where CORNERWAYS lies on this distribution: 50% of detached houses are smaller than CORNERWAYS, and 48% of houses are larger. Note that EPC data is not available for all properties in Lymington.

CORNERWAYS: Plot and Title Map

CORNERWAYS sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of CORNERWAYS, 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 CORNERWAYS). 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 CORNERWAYS?

CORNERWAYS is located on QUEEN KATHERINE ROAD in LYMINGTON, in the SO41 postcode district. The below map shows the position of CORNERWAYS on QUEEN KATHERINE ROAD.