17, NEWBRIDGE WAY, PENNINGTON, LYMINGTON, SO41 8BG - £340,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

17 NEWBRIDGE WAY is a large extended detached house of 139m², built sometime between 1967 and 1975, which could now be worth an estimated £510,259. It was last sold for £340,000 in May 2014, which was around 12% below the average May 2014 detached price in the New Forest local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was C.

17 NEWBRIDGE WAY Sold Prices

Land registry data shows two sales for 17 NEWBRIDGE WAY 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 17 NEWBRIDGE WAY 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
2014 16 MAY	£340,000	£388,103	12% below HPI
1998 23 JAN	£125,000	£136,088	8% below HPI

17 NEWBRIDGE WAY 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 17 NEWBRIDGE WAY sales from January 1998 and May 2014 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 January 1998 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the May 2014 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 17 NEWBRIDGE WAY be worth now?

17 NEWBRIDGE WAY might now be worth an estimated £510,259.

This is based on house price inflation of 50.1%, between May 2014 and February 2025, for detached houses, in the New Forest local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 50.1% inflationary increase is applied to the most recent sale price for 17 NEWBRIDGE WAY of £340,000 on 16th May 2014. For the value to have increased from £340,000 to £510,259 over the eleven years and three months to February 2025, the following assumptions must hold true:

• The value of 17 NEWBRIDGE WAY has moved in line with the HPI for detached houses in the New Forest local authority area.
• The May 2014 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 17 NEWBRIDGE WAY has not materially changed since May 2014.

How Large is 17 NEWBRIDGE WAY?

17 NEWBRIDGE WAY is 139m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the largest 40% of detached houses houses in Lymington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lymington, and where 17 NEWBRIDGE WAY lies on this distribution: 61% of detached houses houses are smaller than 17 NEWBRIDGE WAY, and 38% of houses are larger. Note that EPC data is not available for all properties in Lymington.

17 NEWBRIDGE WAY: Plot and Title Map

17 NEWBRIDGE WAY sits on a plot of roughly 0.163 of an acre, or 659m². The below map shows the location of 17 NEWBRIDGE WAY, 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 17 NEWBRIDGE WAY). 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 17 NEWBRIDGE WAY?

17 NEWBRIDGE WAY is located in PENNINGTON, in the SO41 postcode district. The below map shows the position of No. 17 on NEWBRIDGE WAY.