28B, SOUTH STREET, PENNINGTON, LYMINGTON, SO41 8DX - £277,000

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

28B SOUTH STREET is a midsized detached house of 129m², built sometime between 1991 and 1995. It was last sold for £277,000 in July 2005, which was around 8% below the average July 2005 detached price in the New Forest local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was C.

28B SOUTH STREET Sold Prices

Land registry data shows three sales for 28B SOUTH STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. Two of the three 28B SOUTH STREET sales were for below the average price, whilst one 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
2005 25 JUL	£277,000	£302,544	8% below HPI
2004 8 OCT	£250,000	£305,714	18% below HPI
2001 8 JAN	£200,000	£189,541	6% above HPI

28B SOUTH STREET 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 three 28B SOUTH STREET sales between January 2001 and July 2005 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 2004 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the July 2005 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 28B SOUTH STREET?

28B SOUTH STREET is 129m² according to the EPC inspection conducted in February 2019. This puts it in the largest 50% of detached houses in Lymington, based on EPC data. The below chart shows the distribution of detached houses by size in Lymington, and where 28B SOUTH STREET lies on this distribution: 54% of detached houses are smaller than 28B SOUTH STREET, and 46% of houses are larger. Note that EPC data is not available for all properties in Lymington.

28B SOUTH STREET: Plot and Title Map

28B SOUTH STREET sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 28B SOUTH STREET, 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 28B SOUTH STREET). 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 28B SOUTH STREET?

28B SOUTH STREET is located in PENNINGTON, in the SO41 postcode district. The below map shows the position of No. 28B on SOUTH STREET.