12, PENNYS LANE, FORDINGBRIDGE, SP6 1HQ - £282,500

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

12 PENNYS LANE is a small extended detached house of 86m², built sometime between 1950 and 1966. It was last sold for £282,500 in August 2019, which was around 40% below the average August 2019 detached price in the New Forest local authority area. The most recent EPC inspection was July 2018, where the current energy rating was E, and the potential energy rating was C.

12 PENNYS LANE Sold Prices

Land registry data shows two sales for 12 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 12 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
2019 16 AUG	£282,500	£474,534	40% below HPI
2002 27 AUG	£168,000	£236,344	29% below HPI

12 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 12 PENNYS LANE sales from August 2002 and August 2019 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 August 2002 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the August 2019 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 12 PENNYS LANE?

12 PENNYS LANE is 86m², which includes one extension, according to the EPC inspection conducted in July 2018. This puts it in the smallest 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 12 PENNYS LANE lies on this distribution: 28% of detached houses are smaller than 12 PENNYS LANE, and 71% of houses are larger. Note that EPC data is not available for all properties in Fordingbridge.

12 PENNYS LANE: Plot and Title Map

12 PENNYS LANE sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 12 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 12 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 12 PENNYS LANE?

12 PENNYS LANE is located in FORDINGBRIDGE, in the SP6 postcode district. The below map shows the position of No. 12 on PENNYS LANE.