2, PENNINGTON CLOSE, PENNINGTON, LYMINGTON, SO41 8EU - £110,000

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.

2 PENNINGTON CLOSE is a large terraced house of 93m², built sometime between 1976 and 1982, which could now be worth an estimated £421,078. It was last sold for £110,000 in September 1999, which was around 44% above the average September 1999 terraced price in the New Forest local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

2 PENNINGTON CLOSE Sold Prices

Land registry data shows one sale for 2 PENNINGTON CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced 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
1999 27 SEP	£110,000	£76,405	44% above HPI

What might 2 PENNINGTON CLOSE be worth now?

2 PENNINGTON CLOSE might now be worth an estimated £421,078.

This is based on house price inflation of 282.8%, between September 1999 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 282.8% inflationary increase is applied to the most recent sale price for 2 PENNINGTON CLOSE of £110,000 on 27th September 1999. For the value to have increased from £110,000 to £421,078 over the 27 years and four months to May 2026, the following assumptions must hold true:

• The value of 2 PENNINGTON CLOSE has moved in line with the HPI for terraced houses in the New Forest local authority area.
• The September 1999 sale price of £110,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PENNINGTON CLOSE has not materially changed since September 1999.

How Large is 2 PENNINGTON CLOSE?

2 PENNINGTON CLOSE is 93m² according to the EPC inspection conducted in February 2020. This puts it in the largest 40% of terraced houses in Lymington, based on EPC data. The below chart shows the distribution of terraced houses by size in Lymington, and where 2 PENNINGTON CLOSE lies on this distribution: 64% of terraced houses are smaller than 2 PENNINGTON CLOSE, and 35% of terraced houses are larger. Note that EPC data is not available for all properties in Lymington.

2 PENNINGTON CLOSE: Plot

2 PENNINGTON CLOSE sits on a plot of roughly 0.050 of an acre, or 201m².

Where is 2 PENNINGTON CLOSE?

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