OAK COTTAGE, WOODSIDE LANE, LYMINGTON, SO41 8FL - £749,000

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.

OAK COTTAGE is a small detached house of 91m², which could now be worth an estimated £944,481. It was last sold for £749,000 in March 2016, which was around 62% above the average March 2016 detached price in the New Forest local authority area. The most recent EPC inspection was February 2010, where the current energy rating was C, and the potential energy rating was C.

OAK COTTAGE Sold Prices

Land registry data shows two sales for OAK 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 OAK 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 31 MAR	£749,000	£461,899	62% above HPI
2013 14 NOV	£549,000	£377,695	45% above HPI

OAK 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 OAK COTTAGE sales from November 2013 and March 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 November 2013 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the March 2016 sale, where it rises to 62% above the HPI. The line then continues to track at 62% above the HPI.

What might OAK COTTAGE be worth now?

OAK COTTAGE might now be worth an estimated £944,481.

This is based on house price inflation of 26.1%, between March 2016 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 26.1% inflationary increase is applied to the most recent sale price for OAK COTTAGE of £749,000 on 31st March 2016. For the value to have increased from £749,000 to £944,481 over the nine years and one month to February 2025, the following assumptions must hold true:

• The value of OAK COTTAGE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The March 2016 sale price of £749,000 represented a fair market value for the property.
• The size, condition, and specification of OAK COTTAGE has not materially changed since March 2016.

How Large is OAK COTTAGE?

OAK COTTAGE is 91m² according to the EPC inspection conducted in February 2010. This puts it in the smallest 30% 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 OAK COTTAGE lies on this distribution: 20% of detached houses houses are smaller than OAK COTTAGE, and 80% of houses are larger. Note that EPC data is not available for all properties in Lymington.

OAK COTTAGE: Plot and Title Map

OAK COTTAGE sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of OAK 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 OAK 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 OAK COTTAGE?

OAK COTTAGE is located on WOODSIDE LANE in LYMINGTON, in the SO41 postcode district. The below map shows the position of OAK COTTAGE on WOODSIDE LANE.