THE GALLERY, STATION ROAD, SWAY, LYMINGTON, SO41 6BA - £370,000

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

THE GALLERY is a large detached house of 138m², built sometime between 1983 and 1990. It was last sold for £370,000 in July 2007, which was around 6% above the average July 2007 detached price in the New Forest local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was C.

THE GALLERY Sold Prices

Land registry data shows three sales for THE GALLERY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. One of the three THE GALLERY sales was for above the average price, whilst two 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
2007 31 JUL	£370,000	£347,810	6% above HPI
2001 29 MAY	£172,500	£198,047	13% below HPI
1996 20 DEC	£90,000	£108,793	17% below HPI

THE GALLERY 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 three THE GALLERY sales between December 1996 and July 2007 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 May 2001 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the July 2007 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is THE GALLERY?

THE GALLERY is 138m² according to the EPC inspection conducted in August 2011. This puts it in the largest 40% of detached houses in Sway, based on EPC data. The below chart shows the distribution of detached houses by size in Sway, and where THE GALLERY lies on this distribution: 61% of detached houses are smaller than THE GALLERY, and 39% of houses are larger. Note that EPC data is not available for all properties in Sway.

THE GALLERY: Plot and Title Map

THE GALLERY sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of THE GALLERY, 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 GALLERY). 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 THE GALLERY?

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