5, OLIVER ROAD, PENNINGTON, LYMINGTON, SO41 8GP - £540,000

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 OLIVER ROAD is a small extended detached house of 105m², built sometime between 1967 and 1975. It was last sold for £540,000 in January 2022, which was around 6% below the average January 2022 detached price in the New Forest local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

5 OLIVER ROAD Sold Prices

Land registry data shows three sales for 5 OLIVER 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 OLIVER 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 20 JAN	£540,000	£574,390	6% below HPI
2021 1 APR	£475,000	£503,017	6% below HPI
1998 27 MAR	£125,000	£129,212	3% below HPI

5 OLIVER 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 OLIVER ROAD sales between March 1998 and January 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 April 2021 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the January 2022 sale, which was also at 6% below the HPI.

How Large is 5 OLIVER ROAD?

5 OLIVER ROAD is 105m², which includes one extension, according to the EPC inspection conducted in October 2021. This puts it in the smallest 40% 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 OLIVER ROAD lies on this distribution: 30% of detached houses are smaller than 5 OLIVER ROAD, and 69% of houses are larger. Note that EPC data is not available for all properties in Lymington.

5 OLIVER ROAD: Plot and Title Map

5 OLIVER ROAD sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 5 OLIVER 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 OLIVER 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 OLIVER ROAD?

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