ORCHID COTTAGE, SCHOOL LANE, LYMINGTON, SO41 9EJ - £940,000

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

ORCHID COTTAGE is a midsized detached house of 135m², built in 2023. It was last sold for £940,000 in May 2023, which was around 61% above the average May 2023 detached price in the New Forest local authority area. The most recent EPC inspection was February 2023, where the current energy rating was B, and the potential energy rating was B.

ORCHID COTTAGE Sold Prices

Land registry data shows three sales for ORCHID COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. All of the three ORCHID 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
2023 11 MAY	£940,000	£584,650	61% above HPI
2021 13 APR	£1,125,000	£503,017	124% above HPI
2016 31 MAR	£875,000	£437,303	100% above HPI

ORCHID 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 three ORCHID COTTAGE sales between March 2016 and May 2023 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 2021 sale was for 124% above the HPI. So the extrapolation line tracks at 124% above the HPI over time, until the May 2023 sale, where it falls to 61% above the HPI. The line then continues to track at 61% above the HPI.

How Large is ORCHID COTTAGE?

ORCHID COTTAGE is 135m² according to the EPC inspection conducted in February 2023. This puts it in the largest 50% of detached houses in Lymington, based on EPC data. The below chart shows the distribution of detached houses by size in Lymington, and where ORCHID COTTAGE lies on this distribution: 58% of detached houses are smaller than ORCHID COTTAGE, and 41% of houses are larger. Note that EPC data is not available for all properties in Lymington.

ORCHID COTTAGE: Plot and Title Map

ORCHID COTTAGE sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of ORCHID 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 ORCHID 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 ORCHID COTTAGE?

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