MAKAIRA, MEAD END ROAD, SWAY, LYMINGTON, SO41 6EE - £2,760,000

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

MAKAIRA is a very large extended detached house of 589m², built sometime between 1950 and 1966. It was last sold for £2,760,000 in June 2023, which was around 370% above the average June 2023 detached price in the New Forest local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was C.

MAKAIRA Sold Prices

Land registry data shows four sales for MAKAIRA since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. All of the four MAKAIRA 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
2023 23 JUN	£2,760,000	£587,528	370% above HPI
2012 3 JUL	£850,000	£345,217	146% above HPI
2001 27 JAN	£250,000	£189,541	32% above HPI
1995 28 APR	£235,000	£100,615	134% above HPI

MAKAIRA 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 four MAKAIRA sales between April 1995 and June 2023 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 2012 sale was for 146% above the HPI. So the extrapolation line tracks at 146% above the HPI over time, until the June 2023 sale, where it rises to 370% above the HPI. The line then continues to track at 370% above the HPI.

How Large is MAKAIRA?

MAKAIRA is 589m², which includes four extensions, according to the EPC inspection conducted in March 2023. This puts it in the largest 10% of detached houses in Sway, based on EPC data. The below chart shows the distribution of detached houses by size in Sway, and where MAKAIRA lies on this distribution: More than 99% of detached houses are smaller than MAKAIRA, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Sway.

MAKAIRA: Plot and Title Map

MAKAIRA sits on a plot of roughly 0.660 of an acre, or 2,670m². The below map shows the location of MAKAIRA, 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 MAKAIRA). 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 MAKAIRA?

MAKAIRA is located on MEAD END ROAD in SWAY, in the SO41 postcode district. The below map shows the position of MAKAIRA on MEAD END ROAD.