31, ELM AVENUE, PENNINGTON, LYMINGTON, SO41 8BE - £340,000

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

31 ELM AVENUE is a very small extended detached house of 87m², built sometime between 1950 and 1966. It was last sold for £340,000 in August 2014, which was around 11% below the average August 2014 detached price in the New Forest local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

31 ELM AVENUE Sold Prices

Land registry data shows two sales for 31 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 31 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
2014 18 AUG	£340,000	£382,671	11% below HPI
2012 24 FEB	£272,000	£342,504	21% below HPI

31 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 31 ELM AVENUE sales from February 2012 and August 2014 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 February 2012 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the August 2014 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 31 ELM AVENUE?

31 ELM AVENUE is 87m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the smallest 20% of detached houses in Lymington, based on EPC data. The below chart shows the distribution of detached houses by size in Lymington, and where 31 ELM AVENUE lies on this distribution: 17% of detached houses are smaller than 31 ELM AVENUE, and 83% of houses are larger. Note that EPC data is not available for all properties in Lymington.

31 ELM AVENUE: Plot and Title Map

31 ELM AVENUE sits on a plot of roughly 0.135 of an acre, or 546m². The below map shows the location of 31 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 31 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 31 ELM AVENUE?

31 ELM AVENUE is located in PENNINGTON, in the SO41 postcode district. The below map shows the position of No. 31 on ELM AVENUE.