FOREST WAY, BRIGHTON ROAD, SWAY, LYMINGTON, SO41 6EA - £869,000

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 WAY is a large extended detached house of 154m², built sometime between 1950 and 1966. It was last sold for £869,000 in August 2023, which was around 50% above the average August 2023 detached price in the New Forest local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was C.

FOREST WAY Sold Prices

Land registry data shows three sales for FOREST WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. All of the three FOREST WAY 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
2023 31 AUG	£869,000	£580,957	50% above HPI
2015 21 AUG	£525,000	£410,748	28% above HPI
1999 22 MAR	£220,000	£139,860	57% above HPI

FOREST WAY 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 three FOREST WAY sales between March 1999 and August 2023 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 August 2015 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the August 2023 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

How Large is FOREST WAY?

FOREST WAY is 154m², which includes three extensions, according to the EPC inspection conducted in February 2023. 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 WAY lies on this distribution: 72% of detached houses are smaller than FOREST WAY, and 28% of houses are larger. Note that EPC data is not available for all properties in Sway.

FOREST WAY: Plot and Title Map

FOREST WAY sits on a plot of roughly 0.295 of an acre, or 1,192m². The below map shows the location of FOREST WAY, 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 WAY). 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 WAY?

FOREST WAY is located on BRIGHTON ROAD in SWAY, in the SO41 postcode district. The below map shows the position of FOREST WAY on BRIGHTON ROAD.