BEECH COTTAGE, LOWER PENNINGTON LANE, PENNINGTON, LYMINGTON, SO41 8FT - £390,000

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

BEECH COTTAGE is a very small detached house of 63m², built sometime between 1996 and 2002. It was last sold for £390,000 in July 2009, which was around 26% above the average July 2009 detached price in the New Forest local authority area. The most recent EPC inspection was November 2008, where the current energy rating was C, and the potential energy rating was C.

BEECH COTTAGE Sold Prices

Land registry data shows two sales for BEECH COTTAGE 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 BEECH COTTAGE 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
2009 2 JUL	£390,000	£310,014	26% above HPI
2007 23 FEB	£405,000	£324,748	25% above HPI

BEECH COTTAGE 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 BEECH COTTAGE sales from February 2007 and July 2009 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 2007 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the July 2009 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is BEECH COTTAGE?

BEECH COTTAGE is 63m² according to the EPC inspection conducted in November 2008. This puts it in the smallest 10% of detached houses in Lymington, based on EPC data. The below chart shows the distribution of detached houses by size in Lymington, and where BEECH COTTAGE lies on this distribution: 2% of detached houses are smaller than BEECH COTTAGE, and 98% of houses are larger. Note that EPC data is not available for all properties in Lymington.

BEECH COTTAGE: Plot and Title Map

BEECH COTTAGE sits on a plot of roughly 0.081 of an acre, or 330m². The below map shows the location of BEECH COTTAGE, 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 BEECH COTTAGE). 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 BEECH COTTAGE?

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