MAGNOLIA HOUSE, PIKES HILL AVENUE, LYNDHURST, SO43 7AX - £1,550,000

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

MAGNOLIA HOUSE is a very large extended detached house of 289m², built sometime between 1900 and 1929. It was last sold for £1,550,000 in October 2021, which was around 188% above the average October 2021 detached price in the New Forest local authority area. The most recent EPC inspection was February 2021, where the current energy rating was D, and the potential energy rating was C.

MAGNOLIA HOUSE Sold Prices

Land registry data shows two sales for MAGNOLIA HOUSE 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 MAGNOLIA HOUSE 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
2021 13 OCT	£1,550,000	£538,497	188% above HPI
2006 28 JUL	£825,000	£313,055	164% above HPI

MAGNOLIA HOUSE 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 MAGNOLIA HOUSE sales from July 2006 and October 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 July 2006 sale was for 164% above the HPI. So the extrapolation line tracks at 164% above the HPI over time, until the October 2021 sale, where it rises to 188% above the HPI. The line then continues to track at 188% above the HPI.

How Large is MAGNOLIA HOUSE?

MAGNOLIA HOUSE is 289m², which includes two extensions, according to the EPC inspection conducted in February 2021. This puts it in the largest 10% of detached houses in Lyndhurst, based on EPC data. The below chart shows the distribution of detached houses by size in Lyndhurst, and where MAGNOLIA HOUSE lies on this distribution: 94% of detached houses are smaller than MAGNOLIA HOUSE, and 6% of houses are larger. Note that EPC data is not available for all properties in Lyndhurst.

MAGNOLIA HOUSE: Plot and Title Map

MAGNOLIA HOUSE sits on a plot of roughly 0.713 of an acre, or 2,884m². The below map shows the location of MAGNOLIA HOUSE, 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 MAGNOLIA HOUSE). 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 MAGNOLIA HOUSE?

MAGNOLIA HOUSE is located on PIKES HILL AVENUE in LYNDHURST, in the SO43 postcode district. The below map shows the position of MAGNOLIA HOUSE on PIKES HILL AVENUE.