FOREST LODGE, THE CLOSE, SWAY, LYMINGTON, SO41 6ED - £710,000

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

FOREST LODGE is a large extended detached house of 166m², built sometime between 1930 and 1949. It was last sold for £710,000 in October 2019, which was around 49% above the average October 2019 detached price in the New Forest local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was C.

FOREST LODGE Sold Prices

Land registry data shows five sales for FOREST LODGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. All of the five FOREST 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
2019 14 OCT	£710,000	£477,067	49% above HPI
2009 8 DEC	£475,000	£321,138	48% above HPI
2005 28 SEP	£375,000	£303,642	24% above HPI
1997 17 DEC	£137,500	£130,211	6% above HPI
1996 30 APR	£118,000	£101,447	16% above HPI

FOREST 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 five FOREST LODGE sales between April 1996 and October 2019 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 December 2009 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the October 2019 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

How Large is FOREST LODGE?

FOREST LODGE is 166m², which includes two extensions, according to the EPC inspection conducted in April 2019. This puts it in the largest 30% of detached houses in Sway, based on EPC data. The below chart shows the distribution of detached houses by size in Sway, and where FOREST LODGE lies on this distribution: 79% of detached houses are smaller than FOREST LODGE, and 20% of houses are larger. Note that EPC data is not available for all properties in Sway.

FOREST LODGE: Plot and Title Map

FOREST LODGE sits on a plot of roughly 0.200 of an acre, or 808m². The below map shows the location of FOREST 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 FOREST 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 FOREST LODGE?

FOREST LODGE is located on THE CLOSE in SWAY, in the SO41 postcode district. The below map shows the position of FOREST LODGE on THE CLOSE.