87, SOUTH STREET, PENNINGTON, LYMINGTON, SO41 8DY - £650,000

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

87 SOUTH STREET is a large extended detached house of 143m², built sometime before 1900. It was last sold for £650,000 in June 2021, which was around 26% above the average June 2021 detached price in the New Forest local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.

87 SOUTH STREET Sold Prices

Land registry data shows five sales for 87 SOUTH STREET since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. Most of the five 87 SOUTH STREET 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
2021 21 JUN	£650,000	£516,296	26% above HPI
2018 1 FEB	£475,000	£486,214	2% below HPI
2013 19 DEC	£275,000	£357,767	23% below HPI
2004 1 NOV	£280,000	£306,036	9% below HPI
2000 14 APR	£240,000	£169,187	42% above HPI

87 SOUTH STREET 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 five 87 SOUTH STREET sales between April 2000 and June 2021 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 February 2018 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the June 2021 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 87 SOUTH STREET?

87 SOUTH STREET is 143m², which includes four extensions, according to the EPC inspection conducted in July 2017. This puts it in the largest 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 87 SOUTH STREET lies on this distribution: 65% of detached houses are smaller than 87 SOUTH STREET, and 35% of houses are larger. Note that EPC data is not available for all properties in Lymington.

87 SOUTH STREET: Plot and Title Map

87 SOUTH STREET sits on a plot of roughly 0.107 of an acre, or 433m². The below map shows the location of 87 SOUTH STREET, 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 87 SOUTH STREET). 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 87 SOUTH STREET?

87 SOUTH STREET is located in PENNINGTON, in the SO41 postcode district. The below map shows the position of No. 87 on SOUTH STREET.