EAST LODGE, HOLLYWOOD LANE, LYMINGTON, SO41 9HD - £1,320,000

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.

EAST LODGE is a very large extended detached house of 314m², built sometime between 1996 and 2002, which could now be worth an estimated £1,452,049. It was last sold for £1,320,000 in November 2020, which was around 149% above the average November 2020 detached price in the New Forest local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was C.

EAST LODGE Sold Prices

Land registry data shows four sales for EAST LODGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. All of the four EAST LODGE 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
2020 2 NOV	£1,320,000	£529,482	149% above HPI
2003 24 APR	£710,000	£289,548	145% above HPI
1999 22 JUN	£495,000	£151,033	228% above HPI
1997 12 DEC	£150,000	£137,534	9% above HPI

EAST LODGE 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 four EAST LODGE sales between December 1997 and November 2020 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 April 2003 sale was for 145% above the HPI. So the extrapolation line tracks at 145% above the HPI over time, until the November 2020 sale, where it rises to 149% above the HPI. The line then continues to track at 149% above the HPI.

What might EAST LODGE be worth now?

EAST LODGE might now be worth an estimated £1,452,049.

This is based on house price inflation of 10%, between November 2020 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 10% inflationary increase is applied to the most recent sale price for EAST LODGE of £1,320,000 on 2nd November 2020. For the value to have increased from £1,320,000 to £1,452,049 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of EAST LODGE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The November 2020 sale price of £1,320,000 represented a fair market value for the property.
• The size, condition, and specification of EAST LODGE has not materially changed since November 2020.

How Large is EAST LODGE?

EAST LODGE is 314m², which includes four extensions, according to the EPC inspection conducted in June 2017. This puts it in the largest 10% 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 EAST LODGE lies on this distribution: 99% of detached houses houses are smaller than EAST LODGE, and 1% of houses are larger. Note that EPC data is not available for all properties in Lymington.

EAST LODGE: Plot and Title Map

EAST LODGE sits on a plot of roughly 0.587 of an acre, or 2,374m². The below map shows the location of EAST LODGE, 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 EAST LODGE). 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 EAST LODGE?

EAST LODGE is located on HOLLYWOOD LANE in LYMINGTON, in the SO41 postcode district. The below map shows the position of EAST LODGE on HOLLYWOOD LANE.