25, MARRAM CLOSE, LYMINGTON, SO41 9FN - £170,000

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.

25 MARRAM CLOSE is a very small terraced house of 45m², built sometime between 1976 and 1982, which could now be worth an estimated £266,788. It was last sold for £170,000 in May 2012, which was around 9% below the average May 2012 terraced price in the New Forest local authority area. The most recent EPC inspection was June 2009, where the current energy rating was E, and the potential energy rating was D.

25 MARRAM CLOSE Sold Prices

Land registry data shows four sales for 25 MARRAM CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the New Forest local authority area for the corresponding sale date. All of the four 25 MARRAM CLOSE 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
2012 31 MAY	£170,000	£186,369	9% below HPI
2009 22 DEC	£150,000	£178,661	16% below HPI
2005 28 JAN	£144,500	£164,861	12% below HPI
1995 28 DEC	£41,250	£51,173	19% below HPI

25 MARRAM CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the New Forest local authority area over time, sourced from the HPI. The four 25 MARRAM CLOSE sales between December 1995 and May 2012 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 December 2009 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the May 2012 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 25 MARRAM CLOSE be worth now?

25 MARRAM CLOSE might now be worth an estimated £266,788.

This is based on house price inflation of 56.9%, between May 2012 and May 2026, for terraced 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 56.9% inflationary increase is applied to the most recent sale price for 25 MARRAM CLOSE of £170,000 on 31st May 2012. For the value to have increased from £170,000 to £266,788 over the fourteen years to May 2026, the following assumptions must hold true:

• The value of 25 MARRAM CLOSE has moved in line with the HPI for terraced houses in the New Forest local authority area.
• The May 2012 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 25 MARRAM CLOSE has not materially changed since May 2012.

How Large is 25 MARRAM CLOSE?

25 MARRAM CLOSE is 45m² according to the EPC inspection conducted in June 2009. This puts it in the smallest 10% of terraced houses houses in Lymington, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Lymington, and where 25 MARRAM CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 25 MARRAM CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Lymington.

25 MARRAM CLOSE: Plot and Title Map

25 MARRAM CLOSE sits on a plot of roughly 0.030 of an acre, or 122m². The below map shows the location of 25 MARRAM CLOSE, 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 25 MARRAM CLOSE). 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 25 MARRAM CLOSE?

25 MARRAM CLOSE is located in LYMINGTON, in the SO41 postcode district. The below map shows the position of No. 25 on MARRAM CLOSE.