SILVALEY, COTTAGERS LANE, HORDLE, LYMINGTON, SO41 0FE - £415,000

SILVALEY is a small detached house of 93m², built sometime between 1950 and 1966. It was last sold for £415,000 in August 2018, which was around 14% below the average August 2018 detached price in the New Forest local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.

SILVALEY Sold Prices

Land registry data shows four sales for SILVALEY 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 SILVALEY 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
2018 10 AUG	£415,000	£482,100	14% below HPI
2015 23 JUL	£315,000	£400,939	21% below HPI
2005 26 AUG	£290,000	£302,988	4% below HPI
2003 26 SEP	£263,000	£279,585	6% below HPI

SILVALEY 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 SILVALEY sales between September 2003 and August 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 July 2015 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the August 2018 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is SILVALEY?

SILVALEY is 93m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 40% of detached houses in Hordle, based on EPC data. The below chart shows the distribution of detached houses by size in Hordle, and where SILVALEY lies on this distribution: 38% of detached houses are smaller than SILVALEY, and 62% of houses are larger. Note that EPC data is not available for all properties in Hordle.

SILVALEY: Plot and Title Map

SILVALEY sits on a plot of roughly 0.109 of an acre, or 441m². The below map shows the location of SILVALEY, 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 SILVALEY). 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 SILVALEY?

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