2, PINETOPS CLOSE, PENNINGTON, LYMINGTON, SO41 8ET - £335,000

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.

2 PINETOPS CLOSE is a very small detached house of 69m², built sometime between 1976 and 1982, which could now be worth an estimated £380,644. It was last sold for £335,000 in October 2017, which was around 35% below the average October 2017 detached price in the New Forest local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

2 PINETOPS CLOSE Sold Prices

Land registry data shows two sales for 2 PINETOPS CLOSE 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 2 PINETOPS CLOSE 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
2017 27 OCT	£335,000	£512,607	35% below HPI
1996 11 OCT	£80,500	£111,143	28% below HPI

2 PINETOPS CLOSE 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 2 PINETOPS CLOSE sales from October 1996 and October 2017 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 October 1996 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the October 2017 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 2 PINETOPS CLOSE be worth now?

2 PINETOPS CLOSE might now be worth an estimated £380,644.

This is based on house price inflation of 13.6%, between October 2017 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 13.6% inflationary increase is applied to the most recent sale price for 2 PINETOPS CLOSE of £335,000 on 27th October 2017. For the value to have increased from £335,000 to £380,644 over the eight years and eight months to February 2025, the following assumptions must hold true:

• The value of 2 PINETOPS CLOSE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The October 2017 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PINETOPS CLOSE has not materially changed since October 2017.

How Large is 2 PINETOPS CLOSE?

2 PINETOPS CLOSE is 69m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 10% 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 2 PINETOPS CLOSE lies on this distribution: 4% of detached houses houses are smaller than 2 PINETOPS CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Lymington.

2 PINETOPS CLOSE: Plot and Title Map

2 PINETOPS CLOSE sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of 2 PINETOPS CLOSE, 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 2 PINETOPS CLOSE). 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 2 PINETOPS CLOSE?

2 PINETOPS CLOSE is located in PENNINGTON, in the SO41 postcode district. The below map shows the position of No. 2 on PINETOPS CLOSE.