3, ELM AVENUE, PENNINGTON, LYMINGTON, SO41 8BD - £345,000

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

3 ELM AVENUE is a small detached house of 95m², built sometime between 1976 and 1982. It was last sold for £345,000 in March 2016, which was around 21% below the average March 2016 detached price in the New Forest local authority area. The most recent EPC inspection was April 2012, where the current energy rating was E, and the potential energy rating was B.

3 ELM AVENUE Sold Prices

Land registry data shows two sales for 3 ELM AVENUE 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 3 ELM AVENUE 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
2016 18 MAR	£345,000	£437,303	21% below HPI
2012 5 OCT	£238,000	£346,999	31% below HPI

3 ELM AVENUE 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 3 ELM AVENUE sales from October 2012 and March 2016 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 2012 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the March 2016 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 3 ELM AVENUE?

3 ELM AVENUE is 95m² according to the EPC inspection conducted in April 2012. 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 3 ELM AVENUE lies on this distribution: 23% of detached houses are smaller than 3 ELM AVENUE, and 76% of houses are larger. Note that EPC data is not available for all properties in Lymington.

3 ELM AVENUE: Plot and Title Map

3 ELM AVENUE sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 3 ELM AVENUE, 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 3 ELM AVENUE). 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 3 ELM AVENUE?

3 ELM AVENUE is located in PENNINGTON, in the SO41 postcode district. The below map shows the position of No. 3 on ELM AVENUE.