16, SOUTH STREET, PENNINGTON, LYMINGTON, SO41 8ED - £272,000

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

16 SOUTH STREET is a small extended detached house of 105m², built sometime between 1950 and 1966. It was last sold for £272,000 in April 2006, which was around 10% below the average April 2006 detached price in the New Forest local authority area. The most recent EPC inspection was July 2009, where the current energy rating was E, and the potential energy rating was D.

16 SOUTH STREET Sold Prices

Land registry data shows four sales for 16 SOUTH STREET since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. All of the four 16 SOUTH STREET 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
2006 28 APR	£272,000	£302,489	10% below HPI
2003 14 MAR	£163,000	£279,186	42% below HPI
2001 20 JUL	£180,000	£204,033	12% below HPI
2000 1 JUN	£169,950	£173,816	2% below HPI

16 SOUTH STREET 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 four 16 SOUTH STREET sales between June 2000 and April 2006 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 March 2003 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the April 2006 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 16 SOUTH STREET?

16 SOUTH STREET is 105m², which includes one extension, according to the EPC inspection conducted in July 2009. This puts it in the smallest 30% of detached houses in Lymington, based on EPC data. The below chart shows the distribution of detached houses by size in Lymington, and where 16 SOUTH STREET lies on this distribution: 30% of detached houses are smaller than 16 SOUTH STREET, and 70% of houses are larger. Note that EPC data is not available for all properties in Lymington.

16 SOUTH STREET: Plot and Title Map

16 SOUTH STREET sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 16 SOUTH STREET, 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 16 SOUTH STREET). 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 16 SOUTH STREET?

16 SOUTH STREET is located in PENNINGTON, in the SO41 postcode district. The below map shows the position of No. 16 on SOUTH STREET.