5, HAZEL ROAD, PENNINGTON, LYMINGTON, SO41 8GR - £450,000

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

5 HAZEL ROAD is a small extended detached house of 92m², built sometime between 1930 and 1949. It was last sold for £450,000 in July 2022, which was around 24% below the average July 2022 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.

5 HAZEL ROAD Sold Prices

Land registry data shows three sales for 5 HAZEL ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. All of the three 5 HAZEL ROAD 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
2022 22 JUL	£450,000	£589,252	24% below HPI
2015 26 MAY	£375,000	£392,169	4% below HPI
1996 23 SEP	£84,500	£104,872	19% below HPI

5 HAZEL ROAD 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 three 5 HAZEL ROAD sales between September 1996 and July 2022 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 May 2015 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the July 2022 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 5 HAZEL ROAD?

5 HAZEL ROAD is 92m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the smallest 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 5 HAZEL ROAD lies on this distribution: 21% of detached houses are smaller than 5 HAZEL ROAD, and 78% of houses are larger. Note that EPC data is not available for all properties in Lymington.

5 HAZEL ROAD: Plot and Title Map

5 HAZEL ROAD sits on a plot of roughly 0.163 of an acre, or 659m². The below map shows the location of 5 HAZEL ROAD, 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 5 HAZEL ROAD). 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 5 HAZEL ROAD?

5 HAZEL ROAD is located in PENNINGTON, in the SO41 postcode district. The below map shows the position of No. 5 on HAZEL ROAD.