FOUR MARKS LODGE, YARRELL MEAD, PENNINGTON, LYMINGTON, SO41 8HB - £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

FOUR MARKS LODGE is a small extended detached house of 110m², built sometime between 1950 and 1966. It was last sold for £370,000 in November 2020, which was around 26% below the average November 2020 detached price in the New Forest local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.

FOUR MARKS LODGE Sold Prices

Land registry data shows three sales for FOUR MARKS LODGE 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 FOUR MARKS LODGE 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
2020 6 NOV	£370,000	£501,287	26% below HPI
2016 5 AUG	£398,450	£440,835	10% below HPI
1999 21 OCT	£137,000	£155,627	12% below HPI

FOUR MARKS LODGE 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 FOUR MARKS LODGE sales between October 1999 and November 2020 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 2016 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the November 2020 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is FOUR MARKS LODGE?

FOUR MARKS LODGE is 110m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the smallest 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 FOUR MARKS LODGE lies on this distribution: 34% of detached houses are smaller than FOUR MARKS LODGE, and 64% of houses are larger. Note that EPC data is not available for all properties in Lymington.

FOUR MARKS LODGE: Plot and Title Map

FOUR MARKS LODGE sits on a plot of roughly 0.147 of an acre, or 597m². The below map shows the location of FOUR MARKS LODGE, 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 FOUR MARKS LODGE). 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 FOUR MARKS LODGE?

FOUR MARKS LODGE is located on YARRELL MEAD in PENNINGTON, in the SO41 postcode district. The below map shows the position of FOUR MARKS LODGE on YARRELL MEAD.