OAKTREE COTTAGE, UPPER COMMON ROAD, PENNINGTON, LYMINGTON, SO41 8LD - £900,000

OAKTREE COTTAGE is a very large extended detached house of 218m², built sometime before 1900. It was last sold for £900,000 in June 2007, which was around 164% above the average June 2007 detached price in the New Forest local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was C.

OAKTREE COTTAGE Sold Prices

Land registry data shows three sales for OAKTREE COTTAGE 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 OAKTREE COTTAGE 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
2007 14 JUN	£900,000	£340,934	164% above HPI
2003 25 JUL	£580,000	£275,582	110% above HPI
1995 10 APR	£168,500	£100,615	67% above HPI

OAKTREE COTTAGE 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 OAKTREE COTTAGE sales between April 1995 and June 2007 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 July 2003 sale was for 110% above the HPI. So the extrapolation line tracks at 110% above the HPI over time, until the June 2007 sale, where it rises to 164% above the HPI. The line then continues to track at 164% above the HPI.

How Large is OAKTREE COTTAGE?

OAKTREE COTTAGE is 218m², which includes four extensions, according to the EPC inspection conducted in September 2013. This puts it in the largest 10% of detached houses in Lymington, based on EPC data. The below chart shows the distribution of detached houses by size in Lymington, and where OAKTREE COTTAGE lies on this distribution: 92% of detached houses are smaller than OAKTREE COTTAGE, and 8% of houses are larger. Note that EPC data is not available for all properties in Lymington.

OAKTREE COTTAGE: Plot and Title Map

OAKTREE COTTAGE sits on a plot of roughly 0.656 of an acre, or 2,656m². The below map shows the location of OAKTREE COTTAGE, 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 OAKTREE COTTAGE). 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 OAKTREE COTTAGE?

OAKTREE COTTAGE is located on UPPER COMMON ROAD in PENNINGTON, in the SO41 postcode district. The below map shows the position of OAKTREE COTTAGE on UPPER COMMON ROAD.