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
PEAR TREE COTTAGE is a small extended detached house of 103m², built sometime between 1950 and 1966. It was last sold for £456,000 in October 2013, which was around 29% above the average October 2013 detached price in the New Forest local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows five sales for PEAR TREE COTTAGE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. All of the five PEAR TREE 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 |
---|---|---|---|
2013 31 OCT | £456,000 | £354,825 | 29% above HPI |
2004 24 AUG | £410,000 | £299,844 | 37% above HPI |
2002 20 FEB | £317,000 | £206,714 | 53% above HPI |
1999 25 MAY | £215,000 | £140,198 | 53% above HPI |
1997 17 FEB | £139,950 | £108,004 | 30% above HPI |
The below graph shows the average detached house price in the New Forest local authority area over time, sourced from the HPI. The five PEAR TREE COTTAGE sales between February 1997 and October 2013 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 August 2004 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the October 2013 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.
PEAR TREE COTTAGE is 103m², which includes one extension, according to the EPC inspection conducted in July 2011. This puts it in the smallest 30% of detached houses in Lymington, based on EPC data. The below chart shows the distribution of detached houses by size in Lymington, and where PEAR TREE COTTAGE lies on this distribution: 29% of detached houses are smaller than PEAR TREE COTTAGE, and 71% of houses are larger. Note that EPC data is not available for all properties in Lymington.
PEAR TREE COTTAGE sits on a plot of roughly 0.167 of an acre, or 677m². The below map shows the location of PEAR TREE 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 PEAR TREE 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.
PEAR TREE COTTAGE is located on SWAY ROAD in LYMINGTON, in the SO41 postcode district. The below map shows the position of PEAR TREE COTTAGE on SWAY ROAD.