OLD WALLS, MILL LANE, LYMINGTON, SO41 9AZ - £350,000

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.

OLD WALLS is a large detached house of 141m², built in 2018, which could now be worth an estimated £401,743. It was last sold for £350,000 in May 2018, which was around 31% below the average May 2018 detached price in the New Forest local authority area. The most recent EPC inspection was August 2021, where the current energy rating was B, and the potential energy rating was A.

OLD WALLS Sold Prices

Land registry data shows two sales for OLD WALLS 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 OLD WALLS sales were for below 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
2018 8 MAY	£350,000	£507,432	31% below HPI
2013 1 MAY	£350,000	£365,543	4% below HPI

OLD WALLS 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 OLD WALLS sales from May 2013 and May 2018 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 May 2013 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the May 2018 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might OLD WALLS be worth now?

OLD WALLS might now be worth an estimated £401,743.

This is based on house price inflation of 14.8%, between May 2018 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 14.8% inflationary increase is applied to the most recent sale price for OLD WALLS of £350,000 on 8th May 2018. For the value to have increased from £350,000 to £401,743 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of OLD WALLS has moved in line with the HPI for detached houses in the New Forest local authority area.
• The May 2018 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of OLD WALLS has not materially changed since May 2018.

How Large is OLD WALLS?

OLD WALLS is 141m² according to the EPC inspection conducted in August 2021. This puts it in the largest 40% 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 OLD WALLS lies on this distribution: 63% of detached houses houses are smaller than OLD WALLS, and 37% of houses are larger. Note that EPC data is not available for all properties in Lymington.

OLD WALLS: Plot and Title Map

OLD WALLS sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of OLD WALLS, 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 OLD WALLS). 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 OLD WALLS?

OLD WALLS is located on MILL LANE in LYMINGTON, in the SO41 postcode district. The below map shows the position of OLD WALLS on MILL LANE.