3, LOWER COMMON DRIVE, PENNINGTON, LYMINGTON, SO41 8QX - £675,000

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.

3 LOWER COMMON DRIVE is a small detached house of 110m², which could now be worth an estimated £670,536. It was last sold for £675,000 in December 2024, which was around 15% above the average December 2024 detached price in the New Forest local authority area. The most recent EPC inspection was November 2020, where the current energy rating was B, and the potential energy rating was A.

3 LOWER COMMON DRIVE Sold Prices

Land registry data shows two sales for 3 LOWER COMMON DRIVE 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 LOWER COMMON DRIVE sales were 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
2024 12 DEC	£675,000	£586,328	15% above HPI
2021 17 MAR	£545,000	£530,346	3% above HPI

3 LOWER COMMON DRIVE 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 LOWER COMMON DRIVE sales from March 2021 and December 2024 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 March 2021 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the December 2024 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 3 LOWER COMMON DRIVE be worth now?

3 LOWER COMMON DRIVE might now be worth an estimated £670,536.

This is based on house price deflation of 0.7%, between December 2024 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 0.7% deflationary decrease is applied to the most recent sale price for 3 LOWER COMMON DRIVE of £675,000 on 12th December 2024. For the value to have decreased from £675,000 to £670,536 over the one year and ten months to February 2025, the following assumptions must hold true:

• The value of 3 LOWER COMMON DRIVE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The December 2024 sale price of £675,000 represented a fair market value for the property.
• The size, condition, and specification of 3 LOWER COMMON DRIVE has not materially changed since December 2024.

How Large is 3 LOWER COMMON DRIVE?

3 LOWER COMMON DRIVE is 110m² according to the EPC inspection conducted in November 2020. This puts it in the smallest 40% 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 3 LOWER COMMON DRIVE lies on this distribution: 34% of detached houses houses are smaller than 3 LOWER COMMON DRIVE, and 65% of houses are larger. Note that EPC data is not available for all properties in Lymington.

3 LOWER COMMON DRIVE: Plot and Title Map

3 LOWER COMMON DRIVE sits on a plot of roughly 0.098 of an acre, or 395m². The below map shows the location of 3 LOWER COMMON DRIVE, 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 LOWER COMMON DRIVE). 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 LOWER COMMON DRIVE?

3 LOWER COMMON DRIVE is located in PENNINGTON, in the SO41 postcode district. The below map shows the position of No. 3 on LOWER COMMON DRIVE.