Flat 16, Richmond Court Park Lane, Milford On Sea, Lymington, SO41 0PT is a leasehold flat built between 1976-1982. The property offers approximately 1,432 square feet of living space. In this location, apartments of similar size usually have five bedrooms.

The estimated current market value of the property is £630,843 , which equates to approximately £441 per square foot. It was last sold on 11 Mar 2022 for £680,000. Since then, the value has decreased by £49,157, representing a 7.2% decrease, or approximately 1.9% per year.

The current estimated value of £630,843 is:

  • 12.4% higher than the average property price on Park Lane
  • 2.6% higher than the average in the SO41 0PT postcode area
  • and 11.1% higher than the average price for Lymington as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 29 September 2021, the property was recorded as owner-occupied.

View sold house prices in SO41 0PT

Building approximate location

About Property

Type
Flat
Built
1976-1982
Interior Size
1432 sq ft
Tenure
Leasehold
Price (estimate)
£630,843
Price Per sq ft (estimate)
£441
Bedroom Count (estimate)
5 bedrooms

EPC Summary

Flat 16, Richmond Court Park Lane, Milford On Sea, Lymington, New Forest, Hampshire, SO41 0PT has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 29 Sep 2021.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 13 Feb 2010. The rating of D remains the same, but the energy efficiency score improved by 23.6%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to cavity wall, as built, partial insulation (assumed), improving energy efficiency from poor to average.
  • The lighting was updated from low energy lighting in 11% of fixed outlets to no low energy lighting, with efficiency changing from poor to very poor.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, as built, partial insulation (assumed)
Average
Windows
Fully double glazed
Good
Lighting
No low energy lighting
Very Poor

Compared to SO41 0PT

14 th / 32
Price Rank
3% higher than average
5 th / 23
Size Rank
10% bigger than average
19 th / 23
Price Per Sq FT Rank
6% lower than average

Compared to other properties in SO41 0PT , this flat's estimated value ranks 14th out of 32. Based on price per square foot, it ranks 19th out of 23 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 5th out of 23 properties in its postcode area.

Sale History

Today
£630,843
streetscan.co.uk estimate
-7 %
11 Mar 2022
£680,000
Leasehold
+48.5 %
29 Apr 2010
£458,000
Leasehold
+203.3 %
23 Oct 1997
£151,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 1432 sq ft
sale price: £710,000
sale date: 8 Nov 2024
rooms: 4
size: 1421 sq ft
sale price: £700,000
sale date: 31 May 2024
rooms: 4
size: 1442 sq ft
sale price: £695,000
sale date: 19 Nov 2021
rooms: 5
size: 1582 sq ft
sale price: £730,000
sale date: 12 Jul 2016

Data Sources

The property at Flat 16, Richmond Court Park Lane, Milford On Sea, Lymington, SO41 0PT appears three times in the Land Registry records, with the latest transaction recorded on 11 Mar 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 29 Sep 2021. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.