17, WEST WAY, PENNINGTON, LYMINGTON, SO41 8DZ - £497,500

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 WEST WAY is a midsized extended detached house of 122m², built sometime between 1967 and 1975, which could now be worth an estimated £576,948. It was last sold for £497,500 in September 2019, which was around 1% below the average September 2019 detached price in the New Forest local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was C.

17 WEST WAY Sold Prices

Land registry data shows two sales for 17 WEST 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. One of the two 17 WEST WAY sales was for below the average price, whilst the other was for above 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 18 SEP	£497,500	£502,244	1% below HPI
1997 31 JAN	£122,500	£114,903	7% above HPI

17 WEST 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 WEST WAY sales from January 1997 and September 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 January 1997 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the September 2019 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 17 WEST WAY be worth now?

17 WEST WAY might now be worth an estimated £576,948.

This is based on house price inflation of 16%, between September 2019 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 16% inflationary increase is applied to the most recent sale price for 17 WEST WAY of £497,500 on 18th September 2019. For the value to have increased from £497,500 to £576,948 over the six years and seven months to February 2025, the following assumptions must hold true:

• The value of 17 WEST WAY has moved in line with the HPI for detached houses in the New Forest local authority area.
• The September 2019 sale price of £497,500 represented a fair market value for the property.
• The size, condition, and specification of 17 WEST WAY has not materially changed since September 2019.

How Large is 17 WEST WAY?

17 WEST WAY is 122m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the smallest 50% 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 WEST WAY lies on this distribution: 46% of detached houses houses are smaller than 17 WEST WAY, and 53% of houses are larger. Note that EPC data is not available for all properties in Lymington.

17 WEST WAY: Plot and Title Map

17 WEST WAY sits on a plot of roughly 0.163 of an acre, or 660m². The below map shows the location of 17 WEST 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 WEST 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 WEST WAY?

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