IL BINARIO, STATION ROAD, SWAY, LYMINGTON, SO41 6BA - £470,000

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

IL BINARIO is a small detached house of 111m², built sometime between 1967 and 1975. It was last sold for £470,000 in August 2020, which was around 3% below the average August 2020 detached price in the New Forest local authority area. The most recent EPC inspection was December 2019, where the current energy rating was D, and the potential energy rating was B.

IL BINARIO Sold Prices

Land registry data shows two sales for IL BINARIO 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 IL BINARIO sales was for below 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
2020 7 AUG	£470,000	£484,642	3% below HPI
1998 5 OCT	£159,000	£138,632	15% above HPI

IL BINARIO 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 IL BINARIO sales from October 1998 and August 2020 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 1998 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the August 2020 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is IL BINARIO?

IL BINARIO is 111m² according to the EPC inspection conducted in December 2019. This puts it in the smallest 40% of detached houses in Sway, based on EPC data. The below chart shows the distribution of detached houses by size in Sway, and where IL BINARIO lies on this distribution: 38% of detached houses are smaller than IL BINARIO, and 61% of houses are larger. Note that EPC data is not available for all properties in Sway.

IL BINARIO: Plot and Title Map

IL BINARIO sits on a plot of roughly 0.223 of an acre, or 901m². The below map shows the location of IL BINARIO, 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 IL BINARIO). 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 IL BINARIO?

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