23, CLAUSEN WAY, PENNINGTON, LYMINGTON, SO41 8BJ - £555,000

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.

23 CLAUSEN WAY is a very small extended detached house of 90m², built sometime between 1967 and 1975, which could now be worth an estimated £584,450. It was last sold for £555,000 in June 2021, which was around 2% above the average June 2021 detached price in the New Forest local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

23 CLAUSEN WAY Sold Prices

Land registry data shows four sales for 23 CLAUSEN WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. Most of the four 23 CLAUSEN WAY 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
2021 24 JUN	£555,000	£545,335	2% above HPI
2013 18 DEC	£350,000	£377,889	7% below HPI
2004 24 JUN	£292,500	£306,059	4% below HPI
2003 1 AUG	£232,000	£292,446	21% below HPI

23 CLAUSEN WAY 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 four 23 CLAUSEN WAY sales between August 2003 and June 2021 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 2013 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the June 2021 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 23 CLAUSEN WAY be worth now?

23 CLAUSEN WAY might now be worth an estimated £584,450.

This is based on house price inflation of 5.3%, between June 2021 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 5.3% inflationary increase is applied to the most recent sale price for 23 CLAUSEN WAY of £555,000 on 24th June 2021. For the value to have increased from £555,000 to £584,450 over the four years to June 2025, the following assumptions must hold true:

• The value of 23 CLAUSEN WAY has moved in line with the HPI for detached houses in the New Forest local authority area.
• The June 2021 sale price of £555,000 represented a fair market value for the property.
• The size, condition, and specification of 23 CLAUSEN WAY has not materially changed since June 2021.

How Large is 23 CLAUSEN WAY?

23 CLAUSEN WAY is 90m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the smallest 20% 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 23 CLAUSEN WAY lies on this distribution: 19% of detached houses houses are smaller than 23 CLAUSEN WAY, and 80% of houses are larger. Note that EPC data is not available for all properties in Lymington.

23 CLAUSEN WAY: Plot and Title Map

23 CLAUSEN WAY sits on a plot of roughly 0.146 of an acre, or 591m². The below map shows the location of 23 CLAUSEN WAY, 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 23 CLAUSEN WAY). 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 23 CLAUSEN WAY?

23 CLAUSEN WAY is located in PENNINGTON, in the SO41 postcode district. The below map shows the position of No. 23 on CLAUSEN WAY.