AMBERWOOD, LOWER PENNINGTON LANE, PENNINGTON, LYMINGTON, SO41 8AN - £1,325,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

AMBERWOOD is a very large extended detached house of 183m², built sometime between 1950 and 1966, which could now be worth an estimated £1,398,185. It was last sold for £1,325,000 in September 2021, which was around 140% above the average September 2021 detached price in the New Forest local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was C.

AMBERWOOD Sold Prices

Land registry data shows three sales for AMBERWOOD 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 AMBERWOOD 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
2021 30 SEP	£1,325,000	£551,963	140% above HPI
2016 18 MAY	£775,000	£459,987	68% above HPI
2016 4 JAN	£650,000	£445,716	46% above HPI

AMBERWOOD 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 AMBERWOOD sales between January 2016 and September 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 May 2016 sale was for 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the September 2021 sale, where it rises to 140% above the HPI. The line then continues to track at 140% above the HPI.

What might AMBERWOOD be worth now?

AMBERWOOD might now be worth an estimated £1,398,185.

This is based on house price inflation of 5.5%, between September 2021 and February 2025, for detached houses, in the New Forest local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.5% inflationary increase is applied to the most recent sale price for AMBERWOOD of £1,325,000 on 30th September 2021. For the value to have increased from £1,325,000 to £1,398,185 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of AMBERWOOD has moved in line with the HPI for detached houses in the New Forest local authority area.
• The September 2021 sale price of £1,325,000 represented a fair market value for the property.
• The size, condition, and specification of AMBERWOOD has not materially changed since September 2021.

How Large is AMBERWOOD?

AMBERWOOD is 183m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the largest 20% of detached houses houses in Lymington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lymington, and where AMBERWOOD lies on this distribution: 84% of detached houses houses are smaller than AMBERWOOD, and 15% of houses are larger. Note that EPC data is not available for all properties in Lymington.

AMBERWOOD: Plot and Title Map

AMBERWOOD sits on a plot of roughly 0.220 of an acre, or 889m². The below map shows the location of AMBERWOOD, 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 AMBERWOOD). 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 AMBERWOOD?

AMBERWOOD is located on LOWER PENNINGTON LANE in PENNINGTON, in the SO41 postcode district. The below map shows the position of AMBERWOOD on LOWER PENNINGTON LANE.