CHANCE, HARE LANE, HORDLE, LYMINGTON, SO41 0GE - £690,000

CHANCE is a very large extended detached house of 242m², built sometime between 1967 and 1975. It was last sold for £690,000 in April 2019, which was around 46% above the average April 2019 detached price in the New Forest local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

CHANCE Sold Prices

Land registry data shows three sales for CHANCE 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 CHANCE 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
2019 5 APR	£690,000	£473,585	46% above HPI
2015 23 OCT	£360,000	£419,902	14% below HPI
2010 27 JUL	£325,000	£341,017	5% below HPI

CHANCE 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 CHANCE sales between July 2010 and April 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 2015 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the April 2019 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.

How Large is CHANCE?

CHANCE is 242m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the largest 10% of detached houses in Hordle, based on EPC data. The below chart shows the distribution of detached houses by size in Hordle, and where CHANCE lies on this distribution: 99% of detached houses are smaller than CHANCE, and 1% of houses are larger. Note that EPC data is not available for all properties in Hordle.

CHANCE: Plot and Title Map

CHANCE sits on a plot of roughly 0.206 of an acre, or 832m². The below map shows the location of CHANCE, 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 CHANCE). 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 CHANCE?

CHANCE is located on HARE LANE in HORDLE, in the SO41 postcode district. The below map shows the position of CHANCE on HARE LANE.