4, PENNYS LANE, FORDINGBRIDGE, SP6 1HQ - £360,000

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

4 PENNYS LANE is a very small extended detached house of 77m², built sometime between 1950 and 1966. It was last sold for £360,000 in September 2017, which was around 25% below the average September 2017 detached price in the New Forest local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

4 PENNYS LANE Sold Prices

Land registry data shows two sales for 4 PENNYS LANE 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 4 PENNYS LANE 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
2017 15 SEP	£360,000	£481,137	25% below HPI
2016 17 JUN	£307,500	£433,420	29% below HPI

4 PENNYS LANE 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 4 PENNYS LANE sales from June 2016 and September 2017 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 2016 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the September 2017 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 4 PENNYS LANE?

4 PENNYS LANE is 77m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the smallest 20% of detached houses in Fordingbridge, based on EPC data. The below chart shows the distribution of detached houses by size in Fordingbridge, and where 4 PENNYS LANE lies on this distribution: 15% of detached houses are smaller than 4 PENNYS LANE, and 83% of houses are larger. Note that EPC data is not available for all properties in Fordingbridge.

4 PENNYS LANE: Plot and Title Map

4 PENNYS LANE sits on a plot of roughly 0.113 of an acre, or 456m². The below map shows the location of 4 PENNYS LANE, 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 PENNYS LANE). 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 PENNYS LANE?

4 PENNYS LANE is located in FORDINGBRIDGE, in the SP6 postcode district. The below map shows the position of No. 4 on PENNYS LANE.