15, SOUTHLANDS, PENNINGTON, LYMINGTON, SO41 8EE - £361,259

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.

15 SOUTHLANDS is a small detached house of 93m², built sometime between 1950 and 1966, which could now be worth an estimated £500,840. It was last sold for £361,259 in May 2015, which was around 13% below the average May 2015 detached price in the New Forest local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.

15 SOUTHLANDS Sold Prices

Land registry data shows two sales for 15 SOUTHLANDS 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 15 SOUTHLANDS 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
2015 28 MAY	£361,259	£414,226	13% below HPI
1998 21 DEC	£140,000	£147,094	5% below HPI

15 SOUTHLANDS 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 15 SOUTHLANDS sales from December 1998 and May 2015 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 December 1998 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the May 2015 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 15 SOUTHLANDS be worth now?

15 SOUTHLANDS might now be worth an estimated £500,840.

This is based on house price inflation of 38.6%, between May 2015 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 38.6% inflationary increase is applied to the most recent sale price for 15 SOUTHLANDS of £361,259 on 28th May 2015. For the value to have increased from £361,259 to £500,840 over the nine years and eleven months to June 2025, the following assumptions must hold true:

• The value of 15 SOUTHLANDS has moved in line with the HPI for detached houses in the New Forest local authority area.
• The May 2015 sale price of £361,259 represented a fair market value for the property.
• The size, condition, and specification of 15 SOUTHLANDS has not materially changed since May 2015.

How Large is 15 SOUTHLANDS?

15 SOUTHLANDS is 93m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 30% 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 15 SOUTHLANDS lies on this distribution: 22% of detached houses houses are smaller than 15 SOUTHLANDS, and 78% of houses are larger. Note that EPC data is not available for all properties in Lymington.

15 SOUTHLANDS: Plot and Title Map

15 SOUTHLANDS sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 15 SOUTHLANDS, 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 15 SOUTHLANDS). 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 15 SOUTHLANDS?

15 SOUTHLANDS is located in PENNINGTON, in the SO41 postcode district. The below map shows the position of No. 15 on SOUTHLANDS.