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

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

OLD WALLS is a large detached house of 141m², built in 2018. It was last sold for £350,000 in May 2018, which was around 27% 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. One of the two OLD WALLS sales was for below the average price, whilst the other was 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
2018 8 MAY	£350,000	£480,412	27% below HPI
2013 1 MAY	£350,000	£346,079	1% above 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 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the May 2018 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

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 in Lymington, based on EPC data. The below chart shows the distribution of detached houses by size in Lymington, and where OLD WALLS lies on this distribution: 63% of detached houses are smaller than OLD WALLS, and 36% 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.