MYRTLE COTTAGE, BACK LANE, SWAY, LYMINGTON, SO41 6BU - £730,000

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

MYRTLE COTTAGE is a large extended detached house of 147m², built sometime between 1950 and 1966. It was last sold for £730,000 in December 2016, which was around 63% above the average December 2016 detached price in the New Forest local authority area. The most recent EPC inspection was August 2016, where the current energy rating was E, and the potential energy rating was B.

MYRTLE COTTAGE Sold Prices

Land registry data shows two sales for MYRTLE COTTAGE 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 MYRTLE COTTAGE 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
2016 19 DEC	£730,000	£447,538	63% above HPI
1997 26 AUG	£156,000	£122,394	27% above HPI

MYRTLE COTTAGE 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 MYRTLE COTTAGE sales from August 1997 and December 2016 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 August 1997 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the December 2016 sale, where it rises to 63% above the HPI. The line then continues to track at 63% above the HPI.

How Large is MYRTLE COTTAGE?

MYRTLE COTTAGE is 147m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the largest 40% of detached houses in Sway, based on EPC data. The below chart shows the distribution of detached houses by size in Sway, and where MYRTLE COTTAGE lies on this distribution: 69% of detached houses are smaller than MYRTLE COTTAGE, and 31% of houses are larger. Note that EPC data is not available for all properties in Sway.

MYRTLE COTTAGE: Plot and Title Map

MYRTLE COTTAGE sits on a plot of roughly 0.188 of an acre, or 760m². The below map shows the location of MYRTLE COTTAGE, 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 MYRTLE COTTAGE). 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 MYRTLE COTTAGE?

MYRTLE COTTAGE is located on BACK LANE in SWAY, in the SO41 postcode district. The below map shows the position of MYRTLE COTTAGE on BACK LANE.