1, FORWARD DRIVE, PENNINGTON, LYMINGTON, SO41 8GA - £785,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 FORWARD DRIVE is a midsized extended detached house of 136m², built sometime between 1950 and 1966. It was last sold for £785,000 in July 2023, which was around 35% above the average July 2023 detached price in the New Forest local authority area. The most recent EPC inspection was March 2023, where the current energy rating was E, and the potential energy rating was D.

1 FORWARD DRIVE Sold Prices

Land registry data shows three sales for 1 FORWARD DRIVE 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. Two of the three 1 FORWARD DRIVE sales were for above the average price, whilst one was 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
2023 31 JUL	£785,000	£582,635	35% above HPI
2001 18 DEC	£214,460	£208,769	3% above HPI
1999 8 OCT	£114,000	£155,627	27% below HPI

1 FORWARD DRIVE 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 1 FORWARD DRIVE sales between October 1999 and July 2023 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 December 2001 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the July 2023 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is 1 FORWARD DRIVE?

1 FORWARD DRIVE is 136m², which includes three extensions, according to the EPC inspection conducted in March 2023. This puts it in the largest 50% of detached houses in Lymington, based on EPC data. The below chart shows the distribution of detached houses by size in Lymington, and where 1 FORWARD DRIVE lies on this distribution: 59% of detached houses are smaller than 1 FORWARD DRIVE, and 41% of houses are larger. Note that EPC data is not available for all properties in Lymington.

1 FORWARD DRIVE: Plot and Title Map

1 FORWARD DRIVE sits on a plot of roughly 0.138 of an acre, or 558m². The below map shows the location of 1 FORWARD DRIVE, 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 1 FORWARD DRIVE). 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 1 FORWARD DRIVE?

1 FORWARD DRIVE is located in PENNINGTON, in the SO41 postcode district. The below map shows the position of No. 1 on FORWARD DRIVE.