9, PENNINGTON CLOSE, PENNINGTON, LYMINGTON, SO41 8EU - £690,000

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

9 PENNINGTON CLOSE is a large extended detached house of 148m², built sometime between 1991 and 1995. It was last sold for £690,000 in June 2022, which was around 18% above the average June 2022 detached price in the New Forest local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was C.

9 PENNINGTON CLOSE Sold Prices

Land registry data shows four sales for 9 PENNINGTON CLOSE 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. All of the four 9 PENNINGTON CLOSE sales were for above 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 17 JUN	£690,000	£586,690	18% above HPI
2012 23 AUG	£435,000	£344,713	26% above HPI
2001 17 DEC	£249,950	£208,769	20% above HPI
1995 30 MAR	£131,000	£101,453	29% above HPI

9 PENNINGTON CLOSE 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 9 PENNINGTON CLOSE sales between March 1995 and June 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 August 2012 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the June 2022 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 9 PENNINGTON CLOSE?

9 PENNINGTON CLOSE is 148m², which includes one extension, according to the EPC inspection conducted in October 2021. 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 9 PENNINGTON CLOSE lies on this distribution: 68% of detached houses are smaller than 9 PENNINGTON CLOSE, and 31% of houses are larger. Note that EPC data is not available for all properties in Lymington.

9 PENNINGTON CLOSE: Plot and Title Map

9 PENNINGTON CLOSE sits on a plot of roughly 0.125 of an acre, or 506m². The below map shows the location of 9 PENNINGTON CLOSE, 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 9 PENNINGTON CLOSE). 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 9 PENNINGTON CLOSE?

9 PENNINGTON CLOSE is located in PENNINGTON, in the SO41 postcode district. The below map shows the position of No. 9 on PENNINGTON CLOSE.