34, NEWBRIDGE WAY, PENNINGTON, LYMINGTON, SO41 8BH - £375,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

34 NEWBRIDGE WAY is a very small detached house of 77m², built sometime between 1967 and 1975. It was last sold for £375,000 in August 2014, which was around 2% below the average August 2014 detached price in the New Forest local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.

34 NEWBRIDGE WAY Sold Prices

Land registry data shows two sales for 34 NEWBRIDGE WAY 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 34 NEWBRIDGE WAY 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 15 AUG	£375,000	£382,671	2% below HPI
2008 14 JAN	£300,000	£353,261	15% below HPI

34 NEWBRIDGE WAY 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 34 NEWBRIDGE WAY sales from January 2008 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 January 2008 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2014 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 34 NEWBRIDGE WAY?

34 NEWBRIDGE WAY is 77m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 10% of detached houses in Lymington, based on EPC data. The below chart shows the distribution of detached houses by size in Lymington, and where 34 NEWBRIDGE WAY lies on this distribution: 9% of detached houses are smaller than 34 NEWBRIDGE WAY, and 91% of houses are larger. Note that EPC data is not available for all properties in Lymington.

34 NEWBRIDGE WAY: Plot and Title Map

34 NEWBRIDGE WAY sits on a plot of roughly 0.145 of an acre, or 585m². The below map shows the location of 34 NEWBRIDGE WAY, 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 34 NEWBRIDGE WAY). 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 34 NEWBRIDGE WAY?

34 NEWBRIDGE WAY is located in PENNINGTON, in the SO41 postcode district. The below map shows the position of No. 34 on NEWBRIDGE WAY.