CUTLERS, WATERFORD CLOSE, LYMINGTON, SO41 3PU - £222,500

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.

CUTLERS is a midsized detached house of 118m², built sometime between 1976 and 1982, which could now be worth an estimated £928,046. It was last sold for £222,500 in July 1998, which was around 59% above the average July 1998 detached price in the New Forest local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was C.

CUTLERS Sold Prices

Land registry data shows two sales for CUTLERS 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 CUTLERS 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
1998 29 JUL	£222,500	£139,643	59% above HPI
1996 5 JUL	£160,000	£108,920	47% above HPI

CUTLERS 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 CUTLERS sales from July 1996 and July 1998 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 July 1996 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the July 1998 sale, where it rises to 59% above the HPI. The line then continues to track at 59% above the HPI.

What might CUTLERS be worth now?

CUTLERS might now be worth an estimated £928,046.

This is based on house price inflation of 317.1%, between July 1998 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 317.1% inflationary increase is applied to the most recent sale price for CUTLERS of £222,500 on 29th July 1998. For the value to have increased from £222,500 to £928,046 over the 27 years and five months to February 2025, the following assumptions must hold true:

• The value of CUTLERS has moved in line with the HPI for detached houses in the New Forest local authority area.
• The July 1998 sale price of £222,500 represented a fair market value for the property.
• The size, condition, and specification of CUTLERS has not materially changed since July 1998.

How Large is CUTLERS?

CUTLERS is 118m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 50% 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 CUTLERS lies on this distribution: 42% of detached houses houses are smaller than CUTLERS, and 57% of houses are larger. Note that EPC data is not available for all properties in Lymington.

CUTLERS: Plot and Title Map

CUTLERS sits on a plot of roughly 0.233 of an acre, or 941m². The below map shows the location of CUTLERS, 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 CUTLERS). 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 CUTLERS?

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