RADIO HOUSE, PILLEY STREET, PILLEY, LYMINGTON, SO41 5QP - £100,000

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

RADIO HOUSE is a large extended detached house of 169m², built sometime before 1900. It was last sold for £100,000 in May 2001, which was around 50% below the average May 2001 detached price in the New Forest local authority area. The most recent EPC inspection was August 2014, where the current energy rating was C, and the potential energy rating was B.

RADIO HOUSE Sold Prices

Land registry data shows two sales for RADIO HOUSE 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 RADIO HOUSE 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
2001 18 MAY	£100,000	£198,047	50% below HPI
1999 1 MAR	£137,500	£139,860	2% below HPI

RADIO HOUSE 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 RADIO HOUSE sales from March 1999 and May 2001 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 March 1999 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the May 2001 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is RADIO HOUSE?

RADIO HOUSE is 169m², which includes three extensions, according to the EPC inspection conducted in August 2014. This puts it in the largest 40% of detached houses in Pilley, based on EPC data. The below chart shows the distribution of detached houses by size in Pilley, and where RADIO HOUSE lies on this distribution: 61% of detached houses are smaller than RADIO HOUSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Pilley.

RADIO HOUSE: Plot and Title Map

RADIO HOUSE sits on a plot of roughly 0.082 of an acre, or 334m². The below map shows the location of RADIO HOUSE, 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 RADIO HOUSE). 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 RADIO HOUSE?

RADIO HOUSE is located on PILLEY STREET in PILLEY, in the SO41 postcode district. The below map shows the position of RADIO HOUSE on PILLEY STREET.