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

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

2 SOUTHLANDS is a small detached house of 93m², built sometime between 1950 and 1966. It was last sold for £307,500 in June 2010, which was around 10% 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	£341,923	10% below HPI
2004 16 APR	£242,000	£288,626	16% 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 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the June 2010 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

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 in Lymington, based on EPC data. The below chart shows the distribution of detached houses by size in Lymington, and where 2 SOUTHLANDS lies on this distribution: 23% of detached houses are smaller than 2 SOUTHLANDS, and 77% 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.