2, WORCESTER PLACE, LYMINGTON, SO41 3TB - £795,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 WORCESTER PLACE is a midsized extended detached house of 121m², built sometime between 1983 and 1990, which could now be worth an estimated £723,488. It was last sold for £795,000 in January 2023, which was around 27% above the average January 2023 detached price in the New Forest local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was C.

2 WORCESTER PLACE Sold Prices

Land registry data shows three sales for 2 WORCESTER PLACE 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 2 WORCESTER PLACE 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
2023 12 JAN	£795,000	£626,470	27% above HPI
2021 11 FEB	£552,000	£535,511	3% above HPI
2010 17 AUG	£480,000	£366,638	31% above HPI

2 WORCESTER PLACE 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 2 WORCESTER PLACE sales between August 2010 and January 2023 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 February 2021 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the January 2023 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 2 WORCESTER PLACE be worth now?

2 WORCESTER PLACE might now be worth an estimated £723,488.

This is based on house price deflation of 9%, between January 2023 and May 2026, 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 9% deflationary decrease is applied to the most recent sale price for 2 WORCESTER PLACE of £795,000 on 12th January 2023. For the value to have decreased from £795,000 to £723,488 over the two years and eight months to May 2026, the following assumptions must hold true:

• The value of 2 WORCESTER PLACE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The January 2023 sale price of £795,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WORCESTER PLACE has not materially changed since January 2023.

How Large is 2 WORCESTER PLACE?

2 WORCESTER PLACE is 121m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the smallest 50% of detached houses houses in Lymington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lymington, and where 2 WORCESTER PLACE lies on this distribution: 43% of detached houses houses are smaller than 2 WORCESTER PLACE, and 56% of houses are larger. Note that EPC data is not available for all properties in Lymington.

2 WORCESTER PLACE: Plot and Title Map

2 WORCESTER PLACE sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 2 WORCESTER PLACE, 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 2 WORCESTER PLACE). 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 2 WORCESTER PLACE?

2 WORCESTER PLACE is located in LYMINGTON, in the SO41 postcode district. The below map shows the position of No. 2 on WORCESTER PLACE.