1, PENNINGTON CLOSE, PENNINGTON, LYMINGTON, SO41 8EU - £195,000

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.

1 PENNINGTON CLOSE is a terraced house, which could now be worth an estimated £432,340. It was last sold for £195,000 in January 2003, which was around 48% above the average January 2003 terraced price in the New Forest local authority area.

1 PENNINGTON CLOSE Sold Prices

Land registry data shows two sales for 1 PENNINGTON CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the New Forest local authority area for the corresponding sale date. Both of the two 1 PENNINGTON CLOSE 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
2003 3 JAN	£195,000	£131,917	48% above HPI
1997 12 NOV	£92,660	£64,256	44% above HPI

What might 1 PENNINGTON CLOSE be worth now?

1 PENNINGTON CLOSE might now be worth an estimated £432,340.

This is based on house price inflation of 121.7%, between January 2003 and May 2026, for terraced 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 121.7% inflationary increase is applied to the most recent sale price for 1 PENNINGTON CLOSE of £195,000 on 3rd January 2003. For the value to have increased from £195,000 to £432,340 over the 22 years and eight months to May 2026, the following assumptions must hold true:

• The value of 1 PENNINGTON CLOSE has moved in line with the HPI for terraced houses in the New Forest local authority area.
• The January 2003 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 1 PENNINGTON CLOSE has not materially changed since January 2003.

Where is 1 PENNINGTON CLOSE?

1 PENNINGTON CLOSE is located in PENNINGTON, in the SO41 postcode district.