8, OAKLANDS, LYMINGTON, SO41 3TH - £825,000

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.

8 OAKLANDS is a large extended detached house of 170m², built sometime between 1983 and 1990, which could now be worth an estimated £914,318. It was last sold for £825,000 in September 2018, which was around 60% above the average September 2018 detached price in the New Forest local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was B.

8 OAKLANDS Sold Prices

Land registry data shows four sales for 8 OAKLANDS since 1^st 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. All of the four 8 OAKLANDS 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
2018 24 SEP	£825,000	£514,424	60% above HPI
2014 29 MAY	£580,000	£388,103	49% above HPI
2005 7 SEP	£337,000	£320,720	5% above HPI
1999 20 DEC	£225,000	£166,046	36% above HPI

8 OAKLANDS 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 four 8 OAKLANDS sales between December 1999 and September 2018 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 2014 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the September 2018 sale, where it rises to 60% above the HPI. The line then continues to track at 60% above the HPI.

What might 8 OAKLANDS be worth now?

8 OAKLANDS might now be worth an estimated £914,318.

This is based on house price inflation of 10.8%, between September 2018 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 10.8% inflationary increase is applied to the most recent sale price for 8 OAKLANDS of £825,000 on 24th September 2018. For the value to have increased from £825,000 to £914,318 over the eight years and four months to May 2026, the following assumptions must hold true:

• The value of 8 OAKLANDS has moved in line with the HPI for detached houses in the New Forest local authority area.
• The September 2018 sale price of £825,000 represented a fair market value for the property.
• The size, condition, and specification of 8 OAKLANDS has not materially changed since September 2018.

How Large is 8 OAKLANDS?

8 OAKLANDS is 170m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the largest 30% 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 8 OAKLANDS lies on this distribution: 78% of detached houses houses are smaller than 8 OAKLANDS, and 21% of houses are larger. Note that EPC data is not available for all properties in Lymington.

8 OAKLANDS: Plot and Title Map

8 OAKLANDS sits on a plot of roughly 0.183 of an acre, or 741m². The below map shows the location of 8 OAKLANDS, 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 8 OAKLANDS). 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 8 OAKLANDS?

8 OAKLANDS is located in LYMINGTON, in the SO41 postcode district. The below map shows the position of No. 8 on OAKLANDS.