ONE OAK, MIDDLE ROAD, SWAY, LYMINGTON, SO41 6BB - £620,000

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

ONE OAK is a very small detached house of 78m², built sometime between 1930 and 1949. It was last sold for £620,000 in January 2016, which was around 47% above the average January 2016 detached price in the New Forest local authority area. The most recent EPC inspection was December 2014, where the current energy rating was E, and the potential energy rating was B.

ONE OAK Sold Prices

Land registry data shows two sales for ONE OAK 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 ONE OAK sales was for above the average price, whilst the other was 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
2016 14 JAN	£620,000	£421,982	47% above HPI
2015 27 APR	£335,000	£395,645	15% below HPI

ONE OAK 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 ONE OAK sales from April 2015 and January 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 April 2015 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the January 2016 sale, where it rises to 47% above the HPI. The line then continues to track at 47% above the HPI.

How Large is ONE OAK?

ONE OAK is 78m² according to the EPC inspection conducted in December 2014. This puts it in the smallest 10% of detached houses in Sway, based on EPC data. The below chart shows the distribution of detached houses by size in Sway, and where ONE OAK lies on this distribution: 10% of detached houses are smaller than ONE OAK, and 90% of houses are larger. Note that EPC data is not available for all properties in Sway.

ONE OAK: Plot and Title Map

ONE OAK sits on a plot of roughly 0.166 of an acre, or 671m². The below map shows the location of ONE OAK, 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 ONE OAK). 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 ONE OAK?

ONE OAK is located on MIDDLE ROAD in SWAY, in the SO41 postcode district. The below map shows the position of ONE OAK on MIDDLE ROAD.