FIG HOUSE, POLES LANE, LYMINGTON, SO41 8AB - £1,450,000

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

FIG HOUSE is a very large extended detached house of 244m², built sometime between 1950 and 1966. It was last sold for £1,450,000 in June 2021, which was around 181% above the average June 2021 detached price in the New Forest local authority area. The most recent EPC inspection was July 2012, where the current energy rating was C, and the potential energy rating was B.

FIG HOUSE Sold Prices

Land registry data shows two sales for FIG HOUSE 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 FIG HOUSE 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 24 JUN	£1,450,000	£516,296	181% above HPI
1996 19 NOV	£171,000	£108,543	58% above HPI

FIG HOUSE 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 FIG HOUSE sales from November 1996 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 November 1996 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the June 2021 sale, where it rises to 181% above the HPI. The line then continues to track at 181% above the HPI.

How Large is FIG HOUSE?

FIG HOUSE is 244m², which includes two extensions, according to the EPC inspection conducted in July 2012. This puts it in the largest 10% of detached houses in Lymington, based on EPC data. The below chart shows the distribution of detached houses by size in Lymington, and where FIG HOUSE lies on this distribution: 96% of detached houses are smaller than FIG HOUSE, and 4% of houses are larger. Note that EPC data is not available for all properties in Lymington.

FIG HOUSE: Plot and Title Map

FIG HOUSE sits on a plot of roughly 0.302 of an acre, or 1,223m². The below map shows the location of FIG HOUSE, 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 FIG HOUSE). 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 FIG HOUSE?

FIG HOUSE is located on POLES LANE in LYMINGTON, in the SO41 postcode district. The below map shows the position of FIG HOUSE on POLES LANE.