7, CLAUSEN WAY, PENNINGTON, LYMINGTON, SO41 8BJ - £550,000

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.

7 CLAUSEN WAY is a very small detached house of 70m², built sometime between 1950 and 1966, which could now be worth an estimated £509,692. It was last sold for £550,000 in June 2022, which was around 11% below the average June 2022 detached price in the New Forest local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

7 CLAUSEN WAY Sold Prices

Land registry data shows three sales for 7 CLAUSEN WAY 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 7 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
2022 22 JUN	£550,000	£619,687	11% below HPI
2016 20 MAY	£337,000	£459,987	27% below HPI
2007 30 APR	£275,000	£345,930	21% below HPI

7 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 three 7 CLAUSEN WAY sales between April 2007 and June 2022 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 May 2016 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the June 2022 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 7 CLAUSEN WAY be worth now?

7 CLAUSEN WAY might now be worth an estimated £509,692.

This is based on house price deflation of 7.3%, between June 2022 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 7.3% deflationary decrease is applied to the most recent sale price for 7 CLAUSEN WAY of £550,000 on 22nd June 2022. For the value to have decreased from £550,000 to £509,692 over the three years to June 2025, the following assumptions must hold true:

• The value of 7 CLAUSEN WAY has moved in line with the HPI for detached houses in the New Forest local authority area.
• The June 2022 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of 7 CLAUSEN WAY has not materially changed since June 2022.

How Large is 7 CLAUSEN WAY?

7 CLAUSEN WAY is 70m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 10% 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 7 CLAUSEN WAY lies on this distribution: 5% of detached houses houses are smaller than 7 CLAUSEN WAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Lymington.

7 CLAUSEN WAY: Plot and Title Map

7 CLAUSEN WAY sits on a plot of roughly 0.113 of an acre, or 459m². The below map shows the location of 7 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 7 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 7 CLAUSEN WAY?

7 CLAUSEN WAY is located in PENNINGTON, in the SO41 postcode district. The below map shows the position of No. 7 on CLAUSEN WAY.