HILL RISE, HARE LANE, HORDLE, LYMINGTON, SO41 0GE - £500,000

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

HILL RISE is a midsized extended detached house of 107m², built sometime between 1950 and 1966. It was last sold for £500,000 in March 2021, which was about the average March 2021 detached price in the New Forest local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was C.

HILL RISE Sold Prices

Land registry data shows two sales for HILL RISE 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. One of the two HILL RISE sales was roughly equal to the average price, whilst the other was 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 15 MAR	£500,000	£502,106	Close to HPI
2016 7 OCT	£455,000	£442,382	3% above HPI

HILL RISE 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 HILL RISE sales from October 2016 and March 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 October 2016 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the March 2021 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is HILL RISE?

HILL RISE is 107m², which includes one extension, according to the EPC inspection conducted in December 2015. This puts it in the largest 50% of detached houses in Hordle, based on EPC data. The below chart shows the distribution of detached houses by size in Hordle, and where HILL RISE lies on this distribution: 52% of detached houses are smaller than HILL RISE, and 47% of houses are larger. Note that EPC data is not available for all properties in Hordle.

HILL RISE: Plot and Title Map

HILL RISE sits on a plot of roughly 0.475 of an acre, or 1,923m². The below map shows the location of HILL RISE, 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 HILL RISE). 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 HILL RISE?

HILL RISE is located on HARE LANE in HORDLE, in the SO41 postcode district. The below map shows the position of HILL RISE on HARE LANE.