40, NEWBRIDGE WAY, PENNINGTON, LYMINGTON, SO41 8BH - £525,000

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

40 NEWBRIDGE WAY is a large detached house of 155m², built sometime between 1950 and 1966. It was last sold for £525,000 in July 2016, which was around 21% above the average July 2016 detached price in the New Forest local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was B.

40 NEWBRIDGE WAY Sold Prices

Land registry data shows four sales for 40 NEWBRIDGE WAY 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. Most of the four 40 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
2016 6 JUL	£525,000	£434,985	21% above HPI
2011 31 AUG	£309,950	£354,455	13% below HPI
2005 16 SEP	£247,500	£303,642	18% below HPI
2003 28 NOV	£190,000	£282,979	33% below HPI

40 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 four 40 NEWBRIDGE WAY sales between November 2003 and July 2016 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 August 2011 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the July 2016 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 40 NEWBRIDGE WAY?

40 NEWBRIDGE WAY is 155m² according to the EPC inspection conducted in May 2016. This puts it in the largest 30% of detached houses in Lymington, based on EPC data. The below chart shows the distribution of detached houses by size in Lymington, and where 40 NEWBRIDGE WAY lies on this distribution: 72% of detached houses are smaller than 40 NEWBRIDGE WAY, and 27% of houses are larger. Note that EPC data is not available for all properties in Lymington.

40 NEWBRIDGE WAY: Plot and Title Map

40 NEWBRIDGE WAY sits on a plot of roughly 0.119 of an acre, or 480m². The below map shows the location of 40 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 40 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 40 NEWBRIDGE WAY?

40 NEWBRIDGE WAY is located in PENNINGTON, in the SO41 postcode district. The below map shows the position of No. 40 on NEWBRIDGE WAY.