GAIA, YARRELL MEAD, PENNINGTON, LYMINGTON, SO41 8HB - £515,000

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.

GAIA is a small detached house of 115m², built sometime between 2003 and 2006, which could now be worth an estimated £488,667. It was last sold for £515,000 in March 2022, which was around 16% below the average March 2022 detached price in the New Forest local authority area. The most recent EPC inspection was November 2015, where the current energy rating was C, and the potential energy rating was C.

GAIA Sold Prices

Land registry data shows three sales for GAIA 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 GAIA sales were for below 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
2022 18 MAR	£515,000	£613,837	16% below HPI
2016 21 MAR	£388,000	£461,899	16% below HPI
2011 20 APR	£290,000	£368,813	21% below HPI

GAIA 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 GAIA sales between April 2011 and March 2022 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 March 2016 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the March 2022 sale, which was also at 16% below the HPI.

What might GAIA be worth now?

GAIA might now be worth an estimated £488,667.

This is based on house price deflation of 5.1%, between March 2022 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 5.1% deflationary decrease is applied to the most recent sale price for GAIA of £515,000 on 18th March 2022. For the value to have decreased from £515,000 to £488,667 over the three years and one month to February 2025, the following assumptions must hold true:

• The value of GAIA has moved in line with the HPI for detached houses in the New Forest local authority area.
• The March 2022 sale price of £515,000 represented a fair market value for the property.
• The size, condition, and specification of GAIA has not materially changed since March 2022.

How Large is GAIA?

GAIA is 115m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 40% 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 GAIA lies on this distribution: 39% of detached houses houses are smaller than GAIA, and 60% of houses are larger. Note that EPC data is not available for all properties in Lymington.

GAIA: Plot and Title Map

GAIA sits on a plot of roughly 0.043 of an acre, or 173m². The below map shows the location of GAIA, 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 GAIA). 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 GAIA?

GAIA is located on YARRELL MEAD in PENNINGTON, in the SO41 postcode district. The below map shows the position of GAIA on YARRELL MEAD.