MALLARDS, 3, SOUTH GROVE, LYMINGTON, SO41 3SW - £1,725,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

MALLARDS is a very large extended detached house of 192m², built sometime between 2007 and 2011, which could now be worth an estimated £1,894,473. It was last sold for £1,725,000 in March 2021, which was around 225% above the average March 2021 detached price in the New Forest local authority area. The most recent EPC inspection was February 2021, where the current energy rating was C, and the potential energy rating was B.

MALLARDS Sold Prices

Land registry data shows two sales for MALLARDS 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 MALLARDS 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 31 MAR	£1,725,000	£530,346	225% above HPI
2009 13 JUL	£995,000	£327,450	204% above HPI

MALLARDS 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 MALLARDS sales from July 2009 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 July 2009 sale was for 204% above the HPI. So the extrapolation line tracks at 204% above the HPI over time, until the March 2021 sale, where it rises to 225% above the HPI. The line then continues to track at 225% above the HPI.

What might MALLARDS be worth now?

MALLARDS might now be worth an estimated £1,894,473.

This is based on house price inflation of 9.8%, between March 2021 and February 2025, for detached houses, in the New Forest local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9.8% inflationary increase is applied to the most recent sale price for MALLARDS of £1,725,000 on 31st March 2021. For the value to have increased from £1,725,000 to £1,894,473 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of MALLARDS has moved in line with the HPI for detached houses in the New Forest local authority area.
• The March 2021 sale price of £1,725,000 represented a fair market value for the property.
• The size, condition, and specification of MALLARDS has not materially changed since March 2021.

How Large is MALLARDS?

MALLARDS is 192m², which includes one extension, according to the EPC inspection conducted in February 2021. This puts it in the largest 20% of detached houses houses in Lymington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lymington, and where MALLARDS lies on this distribution: 87% of detached houses houses are smaller than MALLARDS, and 13% of houses are larger. Note that EPC data is not available for all properties in Lymington.

MALLARDS: Plot and Title Map

MALLARDS sits on a plot of roughly 0.562 of an acre, or 2,276m². The below map shows the location of MALLARDS, 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 MALLARDS). 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 MALLARDS?

MALLARDS is located on SOUTH GROVE in LYMINGTON, in the SO41 postcode district. The below map shows the position of MALLARDS on SOUTH GROVE.