THE SUMMER HOUSE, NORTH CLOSE, LYMINGTON, SO41 9BT - £415,000

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

THE SUMMER HOUSE is a small extended detached house of 91m², built sometime from 2007 onwards. It was last sold for £415,000 in May 2019, which was around 12% below the average May 2019 detached price in the New Forest local authority area. The most recent EPC inspection was November 2018, where the current energy rating was C, and the potential energy rating was B.

THE SUMMER HOUSE Sold Prices

Land registry data shows three sales for THE SUMMER HOUSE 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. All of the three THE SUMMER 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
2019 24 MAY	£415,000	£469,568	12% below HPI
2009 1 OCT	£249,995	£317,566	21% below HPI
2006 27 FEB	£209,000	£303,486	31% below HPI

THE SUMMER 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 three THE SUMMER HOUSE sales between February 2006 and May 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 October 2009 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the May 2019 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is THE SUMMER HOUSE?

THE SUMMER HOUSE is 91m², which includes one extension, according to the EPC inspection conducted in November 2018. This puts it in the smallest 30% 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 SUMMER HOUSE lies on this distribution: 20% of detached houses are smaller than THE SUMMER HOUSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Lymington.

THE SUMMER HOUSE: Plot and Title Map

THE SUMMER HOUSE sits on a plot of roughly 0.040 of an acre, or 160m². The below map shows the location of THE SUMMER 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 THE SUMMER 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 THE SUMMER HOUSE?

THE SUMMER HOUSE is located on NORTH CLOSE in LYMINGTON, in the SO41 postcode district. The below map shows the position of THE SUMMER HOUSE on NORTH CLOSE.