SPRING COTTAGE, LOWER BUCKLAND ROAD, LYMINGTON, SO41 9DS - £580,000

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

SPRING COTTAGE is a very small detached house of 80m², built sometime between 2003 and 2006. It was last sold for £580,000 in April 2018, which was around 20% above the average April 2018 detached price in the New Forest local authority area. The most recent EPC inspection was July 2009, where the current energy rating was C, and the potential energy rating was C.

SPRING COTTAGE Sold Prices

Land registry data shows four sales for SPRING COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. Most of the four SPRING 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
2018 6 APR	£580,000	£482,877	20% above HPI
2013 25 OCT	£385,000	£354,825	9% above HPI
2006 5 MAY	£395,000	£305,767	29% above HPI
2000 5 SEP	£100,000	£187,703	47% below HPI

SPRING 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 four SPRING COTTAGE sales between September 2000 and April 2018 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 2013 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the April 2018 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is SPRING COTTAGE?

SPRING COTTAGE is 80m² according to the EPC inspection conducted in July 2009. This puts it in the smallest 20% of detached houses in Lymington, based on EPC data. The below chart shows the distribution of detached houses by size in Lymington, and where SPRING COTTAGE lies on this distribution: 11% of detached houses are smaller than SPRING COTTAGE, and 89% of houses are larger. Note that EPC data is not available for all properties in Lymington.

SPRING COTTAGE: Plot and Title Map

SPRING COTTAGE sits on a plot of roughly 0.096 of an acre, or 389m². The below map shows the location of SPRING 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 SPRING 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 SPRING COTTAGE?

SPRING COTTAGE is located on LOWER BUCKLAND ROAD in LYMINGTON, in the SO41 postcode district. The below map shows the position of SPRING COTTAGE on LOWER BUCKLAND ROAD.