MARINA VILLA, SPRING ROAD, LYMINGTON, SO41 3SP - £547,500

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

MARINA VILLA is a very small extended detached house of 85m², built sometime between 1976 and 1982. It was last sold for £547,500 in December 2015, which was around 30% above the average December 2015 detached price in the New Forest local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

MARINA VILLA Sold Prices

Land registry data shows two sales for MARINA VILLA 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 MARINA VILLA 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
2015 1 DEC	£547,500	£421,136	30% above HPI
1998 3 APR	£144,000	£130,924	10% above HPI

MARINA VILLA 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 MARINA VILLA sales from April 1998 and December 2015 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 April 1998 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the December 2015 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is MARINA VILLA?

MARINA VILLA is 85m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the smallest 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 MARINA VILLA lies on this distribution: 16% of detached houses are smaller than MARINA VILLA, and 84% of houses are larger. Note that EPC data is not available for all properties in Lymington.

MARINA VILLA: Plot and Title Map

MARINA VILLA sits on a plot of roughly 0.123 of an acre, or 496m². The below map shows the location of MARINA VILLA, 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 MARINA VILLA). 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 MARINA VILLA?

MARINA VILLA is located on SPRING ROAD in LYMINGTON, in the SO41 postcode district. The below map shows the position of MARINA VILLA on SPRING ROAD.