HOLLY BANK, STATION ROAD, SWAY, LYMINGTON, SO41 6BA - £450,000

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

HOLLY BANK is a very small extended detached house of 89m², built sometime between 1900 and 1929. It was last sold for £450,000 in March 2016, which was around 3% above the average March 2016 detached price in the New Forest local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was A.

HOLLY BANK Sold Prices

Land registry data shows two sales for HOLLY BANK 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 HOLLY BANK 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
2016 31 MAR	£450,000	£437,303	3% above HPI
1995 18 APR	£105,000	£100,615	4% above HPI

HOLLY BANK 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 HOLLY BANK sales from April 1995 and March 2016 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 April 1995 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the March 2016 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is HOLLY BANK?

HOLLY BANK is 89m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the smallest 20% of detached houses in Sway, based on EPC data. The below chart shows the distribution of detached houses by size in Sway, and where HOLLY BANK lies on this distribution: 19% of detached houses are smaller than HOLLY BANK, and 80% of houses are larger. Note that EPC data is not available for all properties in Sway.

HOLLY BANK: Plot and Title Map

HOLLY BANK sits on a plot of roughly 0.118 of an acre, or 479m². The below map shows the location of HOLLY BANK, 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 HOLLY BANK). 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 HOLLY BANK?

HOLLY BANK is located on STATION ROAD in SWAY, in the SO41 postcode district. The below map shows the position of HOLLY BANK on STATION ROAD.