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

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

MALLARDS is a very large extended detached house of 192m², built sometime between 2007 and 2011. It was last sold for £1,725,000 in March 2021, which was around 244% 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	£502,106	244% above HPI
2009 13 JUL	£995,000	£310,014	221% 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 221% above the HPI. So the extrapolation line tracks at 221% above the HPI over time, until the March 2021 sale, where it rises to 244% above the HPI. The line then continues to track at 244% above the HPI.

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 in Lymington, based on EPC data. The below chart shows the distribution of detached houses by size in Lymington, and where MALLARDS lies on this distribution: 87% of detached 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.