8, FORWARD DRIVE, PENNINGTON, LYMINGTON, SO41 8GA - £370,000

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

8 FORWARD DRIVE is a small extended detached house of 99m², built sometime between 1950 and 1966. It was last sold for £370,000 in May 2015, which was around 6% below the average May 2015 detached price in the New Forest local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

8 FORWARD DRIVE Sold Prices

Land registry data shows two sales for 8 FORWARD DRIVE 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 8 FORWARD DRIVE 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
2015 18 MAY	£370,000	£392,169	6% below HPI
2010 2 JUL	£243,000	£341,017	29% below HPI

8 FORWARD DRIVE 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 8 FORWARD DRIVE sales from July 2010 and May 2015 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 July 2010 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the May 2015 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 8 FORWARD DRIVE?

8 FORWARD DRIVE is 99m², which includes one extension, according to the EPC inspection conducted in August 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 8 FORWARD DRIVE lies on this distribution: 26% of detached houses are smaller than 8 FORWARD DRIVE, and 74% of houses are larger. Note that EPC data is not available for all properties in Lymington.

8 FORWARD DRIVE: Plot and Title Map

8 FORWARD DRIVE sits on a plot of roughly 0.115 of an acre, or 464m². The below map shows the location of 8 FORWARD DRIVE, 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 8 FORWARD DRIVE). 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 8 FORWARD DRIVE?

8 FORWARD DRIVE is located in PENNINGTON, in the SO41 postcode district. The below map shows the position of No. 8 on FORWARD DRIVE.