FOUR MARKS LODGE, YARRELL MEAD, PENNINGTON, LYMINGTON, SO41 8HB - £370,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

FOUR MARKS LODGE is a small extended detached house of 110m², built sometime between 1950 and 1966, which could now be worth an estimated £407,014. It was last sold for £370,000 in November 2020, which was around 30% 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	£529,482	30% below HPI
2016 5 AUG	£398,450	£465,630	14% below HPI
1999 21 OCT	£137,000	£164,380	17% 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 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the November 2020 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might FOUR MARKS LODGE be worth now?

FOUR MARKS LODGE might now be worth an estimated £407,014.

This is based on house price inflation of 10%, between November 2020 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 10% inflationary increase is applied to the most recent sale price for FOUR MARKS LODGE of £370,000 on 6th November 2020. For the value to have increased from £370,000 to £407,014 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of FOUR MARKS LODGE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The November 2020 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of FOUR MARKS LODGE has not materially changed since November 2020.

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 houses in Lymington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lymington, and where FOUR MARKS LODGE lies on this distribution: 34% of detached houses houses are smaller than FOUR MARKS LODGE, and 65% 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 0.148 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.