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According to the public record, 7, Oaklands, Lymington is a modern freehold house with 1,743 ft2 of internal area and sits on a 801 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Oaklands, Lymington is £933,708 and the estimated rental value is £2,120 per month.
Oaklands, Lymington, SO41 is located in the borough of New Forest within the SO41 postal district.
7, Oaklands, Lymington has 21 entries in the Land Registry , most recently in October 2020 and a single entry in the EPC database dated May 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 7, Oaklands, Lymington is in very good condition we estimate a sale value of £980,393 and a rental value of £2,226 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £868,348 and a rental value of £1,972 per month.
Over the last 12 months the sale value of 7 Oaklands Lymington has decreased by an estimated £39,034 (4.2%) and its rental value has increased by an estimated £75 per month (3.5%), giving an expected gross yield of 2.7%.
According to data from HM Land Registry, 7, Oaklands, Lymington sits on a plot of 801m2.
We have plot size data on 20 out of 20 other houses in the postcode and 7, Oaklands, Lymington sits on the largest plot.
7, Oaklands, Lymington has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 May 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 7, Oaklands, Lymington was last sold on 16th October 2020 for £875,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since October 2020, the market for similar properties has dropped 15.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Oaklands, Lymington within a radius of 890 metres over the last 2 years.
The most recent example is 3, Belmont Drive, Lymington, SO41 3AE, a freehold house which sold for £950,000 on the 8th September 2023.
Read more about house prices in SO41.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oaklands, Lymington, SO41 has a total of 20 addresses. According to our analysis of all the public data, 7, Oaklands, Lymington is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £378k more expensive than the average property in SO41.
The closest station to 7, Oaklands, Lymington is Lymington Pier station which is 1.0 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, Oaklands, Lymington, 66.4% of property is privately owned outright and 21.2% is privately owned with a mortgage.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 7, Oaklands, Lymington, 14.8% of residents are recorded as possessing school level qualifications and 54.8% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 7, Oaklands, Lymington, the average age was 50.3 and the most common age was 72.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 7, Oaklands, Lymington, 2.0% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 7, Oaklands, Lymington, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.