12, PENNYS LANE, FORDINGBRIDGE, SP6 1HQ - £282,500

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.

12 PENNYS LANE is a small extended detached house of 86m², built sometime between 1950 and 1966, which could now be worth an estimated £323,672. It was last sold for £282,500 in August 2019, which was around 44% below the average August 2019 detached price in the New Forest local authority area. The most recent EPC inspection was July 2018, where the current energy rating was E, and the potential energy rating was C.

12 PENNYS LANE Sold Prices

Land registry data shows two sales for 12 PENNYS LANE 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 12 PENNYS LANE 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
2019 16 AUG	£282,500	£501,223	44% below HPI
2002 27 AUG	£168,000	£249,637	33% below HPI

12 PENNYS LANE 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 12 PENNYS LANE sales from August 2002 and August 2019 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 2002 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the August 2019 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might 12 PENNYS LANE be worth now?

12 PENNYS LANE might now be worth an estimated £323,672.

This is based on house price inflation of 14.6%, between August 2019 and June 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 14.6% inflationary increase is applied to the most recent sale price for 12 PENNYS LANE of £282,500 on 16th August 2019. For the value to have increased from £282,500 to £323,672 over the six years and two months to June 2025, the following assumptions must hold true:

• The value of 12 PENNYS LANE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The August 2019 sale price of £282,500 represented a fair market value for the property.
• The size, condition, and specification of 12 PENNYS LANE has not materially changed since August 2019.

How Large is 12 PENNYS LANE?

12 PENNYS LANE is 86m², which includes one extension, according to the EPC inspection conducted in July 2018. This puts it in the smallest 30% of detached houses houses in Fordingbridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fordingbridge, and where 12 PENNYS LANE lies on this distribution: 28% of detached houses houses are smaller than 12 PENNYS LANE, and 71% of houses are larger. Note that EPC data is not available for all properties in Fordingbridge.

12 PENNYS LANE: Plot and Title Map

12 PENNYS LANE sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 12 PENNYS LANE, 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 12 PENNYS LANE). 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 12 PENNYS LANE?

12 PENNYS LANE is located in FORDINGBRIDGE, in the SP6 postcode district. The below map shows the position of No. 12 on PENNYS LANE.