4, HIGHTREES, PENNINGTON, LYMINGTON, SO41 8LY - £1,200,000

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

4 HIGHTREES is a very large extended detached house of 207m², built sometime between 2003 and 2006. It was last sold for £1,200,000 in June 2024, which was around 112% above the average June 2024 detached price in the New Forest local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was B.

4 HIGHTREES Sold Prices

Land registry data shows four sales for 4 HIGHTREES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. All of the four 4 HIGHTREES 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 19 JUN	£1,200,000	£564,825	112% above HPI
2021 28 JUN	£840,000	£516,296	63% above HPI
2007 12 NOV	£699,950	£358,734	95% above HPI
2006 26 JAN	£315,000	£304,418	3% above HPI

4 HIGHTREES 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 four 4 HIGHTREES sales between January 2006 and June 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 June 2021 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the June 2024 sale, where it rises to 112% above the HPI. The line then continues to track at 112% above the HPI.

How Large is 4 HIGHTREES?

4 HIGHTREES is 207m², which includes two extensions, according to the EPC inspection conducted in March 2020. This puts it in the largest 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 4 HIGHTREES lies on this distribution: 91% of detached houses are smaller than 4 HIGHTREES, and 9% of houses are larger. Note that EPC data is not available for all properties in Lymington.

4 HIGHTREES: Plot and Title Map

4 HIGHTREES sits on a plot of roughly 0.167 of an acre, or 676m². The below map shows the location of 4 HIGHTREES, 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 4 HIGHTREES). 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 4 HIGHTREES?

4 HIGHTREES is located in PENNINGTON, in the SO41 postcode district. The below map shows the position of No. 4 on HIGHTREES.