SIMMYS, MARTIN, FORDINGBRIDGE, SP6 3LD - £840,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

SIMMYS is a midsized extended detached house of 145m², built sometime before 1900, which could now be worth an estimated £780,042. It was last sold for £840,000 in October 2022, which was around 34% above the average October 2022 detached price in the New Forest local authority area. The most recent EPC inspection was June 2022, where the current energy rating was E, and the potential energy rating was C.

SIMMYS Sold Prices

Land registry data shows two sales for SIMMYS 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 SIMMYS 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
2022 28 OCT	£840,000	£627,474	34% above HPI
2013 15 NOV	£690,000	£377,695	83% above HPI

SIMMYS 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 SIMMYS sales from November 2013 and October 2022 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 November 2013 sale was for 83% above the HPI. So the extrapolation line tracks at 83% above the HPI over time, until the October 2022 sale, where it falls to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might SIMMYS be worth now?

SIMMYS might now be worth an estimated £780,042.

This is based on house price deflation of 7.1%, between October 2022 and December 2024, for detached houses, in the New Forest local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7.1% deflationary decrease is applied to the most recent sale price for SIMMYS of £840,000 on 28th October 2022. For the value to have decreased from £840,000 to £780,042 over the one year and ten months to December 2024, the following assumptions must hold true:

• The value of SIMMYS has moved in line with the HPI for detached houses in the New Forest local authority area.
• The October 2022 sale price of £840,000 represented a fair market value for the property.
• The size, condition, and specification of SIMMYS has not materially changed since October 2022.

How Large is SIMMYS?

SIMMYS is 145m², which includes three extensions, according to the EPC inspection conducted in June 2022. This puts it in the largest 50% of detached houses houses in Martin, based on EPC data. The below chart shows the distribution of detached houses houses by size in Martin, and where SIMMYS lies on this distribution: 48% of detached houses houses are smaller than SIMMYS, and 48% of houses are larger. Note that EPC data is not available for all properties in Martin.

SIMMYS: Plot and Title Map

SIMMYS sits on a plot of roughly 2.6 acres, or 10,350m². The below map shows the location of SIMMYS, 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 SIMMYS). 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 SIMMYS?

SIMMYS is located in MARTIN, in the SP6 postcode district. The below map shows the position of SIMMYS in MARTIN.