14, SOUTHLANDS, PENNINGTON, LYMINGTON, SO41 8EE - £475,000

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

14 SOUTHLANDS is a very small extended detached house of 74m², built sometime between 1967 and 1975. It was last sold for £475,000 in December 2023, which was around 16% below the average December 2023 detached price in the New Forest local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

14 SOUTHLANDS Sold Prices

Land registry data shows three sales for 14 SOUTHLANDS 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 14 SOUTHLANDS 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
2023 14 DEC	£475,000	£565,467	16% below HPI
2021 19 MAY	£465,000	£503,599	8% below HPI
2007 4 APR	£285,000	£327,510	13% below HPI

14 SOUTHLANDS 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 14 SOUTHLANDS sales between April 2007 and December 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 May 2021 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the December 2023 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 14 SOUTHLANDS?

14 SOUTHLANDS is 74m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 10% of detached houses in Lymington, based on EPC data. The below chart shows the distribution of detached houses by size in Lymington, and where 14 SOUTHLANDS lies on this distribution: 7% of detached houses are smaller than 14 SOUTHLANDS, and 93% of houses are larger. Note that EPC data is not available for all properties in Lymington.

14 SOUTHLANDS: Plot and Title Map

14 SOUTHLANDS sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 14 SOUTHLANDS, 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 14 SOUTHLANDS). 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 14 SOUTHLANDS?

14 SOUTHLANDS is located in PENNINGTON, in the SO41 postcode district. The below map shows the position of No. 14 on SOUTHLANDS.