POST COTTAGE, STATION ROAD, SWAY, LYMINGTON, SO41 6BA - £395,000

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

POST COTTAGE is a very small detached house of 67m², built sometime between 2003 and 2006. It was last sold for £395,000 in February 2023, which was around 32% below the average February 2023 detached price in the New Forest local authority area. The most recent EPC inspection was June 2010, where the current energy rating was C, and the potential energy rating was C.

POST COTTAGE Sold Prices

Land registry data shows two sales for POST COTTAGE 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 POST COTTAGE 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
2023 8 FEB	£395,000	£583,970	32% below HPI
2015 30 OCT	£306,000	£419,902	27% below HPI

POST 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 two POST COTTAGE sales from October 2015 and February 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 October 2015 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the February 2023 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is POST COTTAGE?

POST COTTAGE is 67m² according to the EPC inspection conducted in June 2010. 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 POST COTTAGE lies on this distribution: 3% of detached houses are smaller than POST COTTAGE, and 97% of houses are larger. Note that EPC data is not available for all properties in Sway.

POST COTTAGE: Plot and Title Map

POST COTTAGE sits on a plot of roughly 0.034 of an acre, or 139m². The below map shows the location of POST 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 POST 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 POST COTTAGE?

POST COTTAGE is located on STATION ROAD in SWAY, in the SO41 postcode district. The below map shows the position of POST COTTAGE on STATION ROAD.