12A, PENNYS LANE, FORDINGBRIDGE, SP6 1HQ - £278,000

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

12A PENNYS LANE is a midsized detached house of 93m², built sometime between 2003 and 2006. It was last sold for £278,000 in July 2012, which was around 19% below the average July 2012 detached price in the New Forest local authority area. The most recent EPC inspection was June 2011, where the current energy rating was C, and the potential energy rating was C.

12A PENNYS LANE Sold Prices

Land registry data shows two sales for 12A 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 12A 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
2012 31 JUL	£278,000	£345,217	19% below HPI
2006 5 JUN	£245,000	£306,257	20% below HPI

12A 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 12A PENNYS LANE sales from June 2006 and July 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 June 2006 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2012 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 12A PENNYS LANE?

12A PENNYS LANE is 93m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 50% of detached houses in Fordingbridge, based on EPC data. The below chart shows the distribution of detached houses by size in Fordingbridge, and where 12A PENNYS LANE lies on this distribution: 41% of detached houses are smaller than 12A PENNYS LANE, and 59% of houses are larger. Note that EPC data is not available for all properties in Fordingbridge.

12A PENNYS LANE: Plot and Title Map

12A PENNYS LANE sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 12A 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 12A 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 12A PENNYS LANE?

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