1, GENOA CLOSE, PENNINGTON, LYMINGTON, SO41 8AU - £249,950

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 GENOA CLOSE is a very small detached house of 85m², built sometime between 1976 and 1982. It was last sold for £249,950 in February 2012, which was around 27% below the average February 2012 detached price in the New Forest local authority area. The most recent EPC inspection was December 2021, where the current energy rating was D, and the potential energy rating was B.

1 GENOA CLOSE Sold Prices

Land registry data shows three sales for 1 GENOA CLOSE 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 1 GENOA CLOSE 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
2012 17 FEB	£249,950	£342,504	27% below HPI
2006 21 APR	£236,000	£302,489	22% below HPI
2000 30 JUN	£131,000	£173,816	25% below HPI

1 GENOA CLOSE 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 GENOA CLOSE sales between June 2000 and February 2012 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 April 2006 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the February 2012 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 1 GENOA CLOSE?

1 GENOA CLOSE is 85m² according to the EPC inspection conducted in December 2021. This puts it in the smallest 20% 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 GENOA CLOSE lies on this distribution: 16% of detached houses are smaller than 1 GENOA CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Lymington.

1 GENOA CLOSE: Plot and Title Map

1 GENOA CLOSE sits on a plot of roughly 0.034 of an acre, or 136m². The below map shows the location of 1 GENOA CLOSE, 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 GENOA CLOSE). 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 GENOA CLOSE?

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