FERNLEA, WESTBEAMS ROAD, SWAY, LYMINGTON, SO41 6AE - £485,000

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

FERNLEA is a midsized extended detached house of 132m², built sometime between 1950 and 1966. It was last sold for £485,000 in June 2012, which was around 44% above the average June 2012 detached price in the New Forest local authority area. The most recent EPC inspection was August 2011, where the current energy rating was E, and the potential energy rating was D.

FERNLEA Sold Prices

Land registry data shows two sales for FERNLEA 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 FERNLEA 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
2012 7 JUN	£485,000	£337,505	44% above HPI
2004 17 MAY	£340,000	£290,239	17% above HPI

FERNLEA 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 FERNLEA sales from May 2004 and June 2012 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 May 2004 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the June 2012 sale, where it rises to 44% above the HPI. The line then continues to track at 44% above the HPI.

How Large is FERNLEA?

FERNLEA is 132m², which includes two extensions, according to the EPC inspection conducted in August 2011. This puts it in the largest 50% of detached houses in Sway, based on EPC data. The below chart shows the distribution of detached houses by size in Sway, and where FERNLEA lies on this distribution: 54% of detached houses are smaller than FERNLEA, and 46% of houses are larger. Note that EPC data is not available for all properties in Sway.

FERNLEA: Plot and Title Map

FERNLEA sits on a plot of roughly 0.174 of an acre, or 703m². The below map shows the location of FERNLEA, 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 FERNLEA). 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 FERNLEA?

FERNLEA is located on WESTBEAMS ROAD in SWAY, in the SO41 postcode district. The below map shows the position of FERNLEA on WESTBEAMS ROAD.