2, SOUTHLANDS, PENNINGTON, LYMINGTON, SO41 8EE - £307,500

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.

2 SOUTHLANDS is a small detached house of 93m², built sometime between 1950 and 1966, which could now be worth an estimated £495,920. It was last sold for £307,500 in June 2010, which was around 15% below the average June 2010 detached price in the New Forest local authority area. The most recent EPC inspection was October 2009, where the current energy rating was D, and the potential energy rating was C.

2 SOUTHLANDS Sold Prices

Land registry data shows two sales for 2 SOUTHLANDS 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 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
2010 3 JUN	£307,500	£361,154	15% below HPI
2004 16 APR	£242,000	£304,859	21% below HPI

2 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 two 2 SOUTHLANDS sales from April 2004 and June 2010 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 April 2004 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the June 2010 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 2 SOUTHLANDS be worth now?

2 SOUTHLANDS might now be worth an estimated £495,920.

This is based on house price inflation of 61.3%, between June 2010 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 61.3% inflationary increase is applied to the most recent sale price for 2 SOUTHLANDS of £307,500 on 3rd June 2010. For the value to have increased from £307,500 to £495,920 over the fifteen years and four months to February 2025, the following assumptions must hold true:

• The value of 2 SOUTHLANDS has moved in line with the HPI for detached houses in the New Forest local authority area.
• The June 2010 sale price of £307,500 represented a fair market value for the property.
• The size, condition, and specification of 2 SOUTHLANDS has not materially changed since June 2010.

How Large is 2 SOUTHLANDS?

2 SOUTHLANDS is 93m² according to the EPC inspection conducted in October 2009. This puts it in the smallest 30% 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 SOUTHLANDS lies on this distribution: 22% of detached houses houses are smaller than 2 SOUTHLANDS, and 78% of houses are larger. Note that EPC data is not available for all properties in Lymington.

2 SOUTHLANDS: Plot and Title Map

2 SOUTHLANDS sits on a plot of roughly 0.146 of an acre, or 592m². The below map shows the location of 2 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 2 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 2 SOUTHLANDS?

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