11, FORWARD DRIVE, PENNINGTON, LYMINGTON, SO41 8GA - £425,000

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.

11 FORWARD DRIVE is a very small detached house of 76m², built sometime between 1950 and 1966, which could now be worth an estimated £471,013. It was last sold for £425,000 in September 2018, which was around 17% below the average September 2018 detached price in the New Forest local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

11 FORWARD DRIVE Sold Prices

Land registry data shows one sale for 11 FORWARD DRIVE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the New Forest local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 17 SEP	£425,000	£514,424	17% below HPI

What might 11 FORWARD DRIVE be worth now?

11 FORWARD DRIVE might now be worth an estimated £471,013.

This is based on house price inflation of 10.8%, between September 2018 and May 2026, 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 10.8% inflationary increase is applied to the most recent sale price for 11 FORWARD DRIVE of £425,000 on 17th September 2018. For the value to have increased from £425,000 to £471,013 over the eight years and four months to May 2026, the following assumptions must hold true:

• The value of 11 FORWARD DRIVE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The September 2018 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 11 FORWARD DRIVE has not materially changed since September 2018.

How Large is 11 FORWARD DRIVE?

11 FORWARD DRIVE is 76m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 10% of detached houses in Lymington, based on EPC data. The below chart shows the distribution of detached houses by size in Lymington, and where 11 FORWARD DRIVE lies on this distribution: 7% of detached houses are smaller than 11 FORWARD DRIVE, and 93% of detached houses are larger. Note that EPC data is not available for all properties in Lymington.

11 FORWARD DRIVE: Plot

11 FORWARD DRIVE sits on a plot of roughly 0.141 of an acre, or 569m².

Where is 11 FORWARD DRIVE?

11 FORWARD DRIVE is located in PENNINGTON, in the SO41 postcode district.