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
THE COTTAGE BY THE GREEN is a very small extended detached house of 46m², built sometime between 1900 and 1929. It was last sold for £435,000 in July 2019, which was around 7% below the average July 2019 detached price in the New Forest local authority area. The most recent EPC inspection was February 2009, where the current energy rating was E, and the potential energy rating was E.
Land registry data shows four sales for THE COTTAGE BY THE GREEN since 1st 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 THE COTTAGE BY THE GREEN 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 |
---|---|---|---|
2019 19 JUL | £435,000 | £469,845 | 7% below HPI |
2003 29 AUG | £275,000 | £276,874 | 1% below HPI |
2001 8 JUN | £220,000 | £199,785 | 10% above HPI |
1998 27 MAR | £115,000 | £129,212 | 11% below HPI |
The below graph shows the average detached house price in the New Forest local authority area over time, sourced from the HPI. The four THE COTTAGE BY THE GREEN sales between March 1998 and July 2019 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 2003 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the July 2019 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.
THE COTTAGE BY THE GREEN is 46m², which includes one extension, according to the EPC inspection conducted in February 2009. This puts it in the smallest 10% of detached houses in Lymington, based on EPC data. The below chart shows the distribution of detached houses by size in Lymington, and where THE COTTAGE BY THE GREEN lies on this distribution: Less than 1% of detached houses are smaller than THE COTTAGE BY THE GREEN, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Lymington.
THE COTTAGE BY THE GREEN sits on a plot of roughly 0.103 of an acre, or 417m². The below map shows the location of THE COTTAGE BY THE GREEN, 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 THE COTTAGE BY THE GREEN). 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.
THE COTTAGE BY THE GREEN is located on FOX POND LANE in PENNINGTON, in the SO41 postcode district. The below map shows the position of THE COTTAGE BY THE GREEN on FOX POND LANE.