CRAIBROOK, PITMORE LANE, SWAY, LYMINGTON, SO41 6BW - £495,000

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

CRAIBROOK is a small extended detached house of 109m², built sometime between 1976 and 1982. It was last sold for £495,000 in March 2007, which was around 51% above the average March 2007 detached price in the New Forest local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was B.

CRAIBROOK Sold Prices

Land registry data shows two sales for CRAIBROOK 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 CRAIBROOK 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
2007 29 MAR	£495,000	£327,073	51% above HPI
2004 22 JUN	£375,000	£289,762	29% above HPI

CRAIBROOK 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 CRAIBROOK sales from June 2004 and March 2007 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 2004 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the March 2007 sale, where it rises to 51% above the HPI. The line then continues to track at 51% above the HPI.

How Large is CRAIBROOK?

CRAIBROOK is 109m², which includes one extension, according to the EPC inspection conducted in February 2023. This puts it in the smallest 40% of detached houses in Sway, based on EPC data. The below chart shows the distribution of detached houses by size in Sway, and where CRAIBROOK lies on this distribution: 35% of detached houses are smaller than CRAIBROOK, and 64% of houses are larger. Note that EPC data is not available for all properties in Sway.

CRAIBROOK: Plot and Title Map

CRAIBROOK sits on a plot of roughly 0.291 of an acre, or 1,178m². The below map shows the location of CRAIBROOK, 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 CRAIBROOK). 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 CRAIBROOK?

CRAIBROOK is located on PITMORE LANE in SWAY, in the SO41 postcode district. The below map shows the position of CRAIBROOK on PITMORE LANE.