11, PENNYS LANE, FORDINGBRIDGE, SP6 1HQ - £400,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

11 PENNYS LANE is a large extended detached house of 124m², built sometime between 1967 and 1975. It was last sold for £400,000 in March 2021, which was around 20% below the average March 2021 detached price in the New Forest local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.

11 PENNYS LANE Sold Prices

Land registry data shows two sales for 11 PENNYS LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. Both of the two 11 PENNYS LANE 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
2021 3 MAR	£400,000	£502,106	20% below HPI
2006 21 JUN	£290,000	£306,257	5% below HPI

11 PENNYS LANE 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 two 11 PENNYS LANE sales from June 2006 and March 2021 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 June 2006 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the March 2021 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 11 PENNYS LANE?

11 PENNYS LANE is 124m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the largest 30% of detached houses in Fordingbridge, based on EPC data. The below chart shows the distribution of detached houses by size in Fordingbridge, and where 11 PENNYS LANE lies on this distribution: 75% of detached houses are smaller than 11 PENNYS LANE, and 24% of houses are larger. Note that EPC data is not available for all properties in Fordingbridge.

11 PENNYS LANE: Plot and Title Map

11 PENNYS LANE sits on a plot of roughly 0.181 of an acre, or 732m². The below map shows the location of 11 PENNYS LANE, 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 11 PENNYS LANE). 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 11 PENNYS LANE?

11 PENNYS LANE is located in FORDINGBRIDGE, in the SP6 postcode district. The below map shows the position of No. 11 on PENNYS LANE.