3, LEELANDS, PENNINGTON, LYMINGTON, SO41 8EY - £342,500

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.

3 LEELANDS is a small semi-detached house of 102m², built sometime between 1991 and 1995, which could now be worth an estimated £542,348. It was last sold for £342,500 in October 2012, which was around 50% above the average October 2012 semi-detached price in the New Forest local authority area. The most recent EPC inspection was May 2011, where the current energy rating was C, and the potential energy rating was C.

3 LEELANDS Sold Prices

Land registry data shows three sales for 3 LEELANDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the New Forest local authority area for the corresponding sale date. All of the three 3 LEELANDS sales were for above 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
2012 11 OCT	£342,500	£228,561	50% above HPI
2006 20 JAN	£292,500	£205,095	43% above HPI
1997 7 MAY	£130,000	£71,947	81% above HPI

3 LEELANDS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the New Forest local authority area over time, sourced from the HPI. The three 3 LEELANDS sales between May 1997 and October 2012 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 January 2006 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the October 2012 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

What might 3 LEELANDS be worth now?

3 LEELANDS might now be worth an estimated £542,348.

This is based on house price inflation of 58.3%, between October 2012 and May 2026, for semi-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 58.3% inflationary increase is applied to the most recent sale price for 3 LEELANDS of £342,500 on 11th October 2012. For the value to have increased from £342,500 to £542,348 over the fourteen years and five months to May 2026, the following assumptions must hold true:

• The value of 3 LEELANDS has moved in line with the HPI for semi-detached houses in the New Forest local authority area.
• The October 2012 sale price of £342,500 represented a fair market value for the property.
• The size, condition, and specification of 3 LEELANDS has not materially changed since October 2012.

How Large is 3 LEELANDS?

3 LEELANDS is 102m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 30% of semi-detached houses houses in Lymington, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Lymington, and where 3 LEELANDS lies on this distribution: 26% of semi-detached houses houses are smaller than 3 LEELANDS, and 73% of houses are larger. Note that EPC data is not available for all properties in Lymington.

3 LEELANDS: Plot and Title Map

3 LEELANDS sits on a plot of roughly 0.026 of an acre, or 107m². The below map shows the location of 3 LEELANDS, 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 3 LEELANDS). 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 3 LEELANDS?

3 LEELANDS is located in PENNINGTON, in the SO41 postcode district. The below map shows the position of No. 3 on LEELANDS.