4, PENNINGTON CLOSE, PENNINGTON, LYMINGTON, SO41 8EU - £275,000

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.

4 PENNINGTON CLOSE is a very large extended terraced house of 130m², built sometime between 1967 and 1975, which could now be worth an estimated £406,364. It was last sold for £275,000 in March 2014, which was around 39% above the average March 2014 terraced price in the New Forest local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

4 PENNINGTON CLOSE Sold Prices

Land registry data shows one sale for 4 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
2014 14 MAR	£275,000	£197,929	39% above HPI

What might 4 PENNINGTON CLOSE be worth now?

4 PENNINGTON CLOSE might now be worth an estimated £406,364.

This is based on house price inflation of 47.8%, between March 2014 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 47.8% inflationary increase is applied to the most recent sale price for 4 PENNINGTON CLOSE of £275,000 on 14th March 2014. For the value to have increased from £275,000 to £406,364 over the eleven years and ten months to May 2026, the following assumptions must hold true:

• The value of 4 PENNINGTON CLOSE has moved in line with the HPI for terraced houses in the New Forest local authority area.
• The March 2014 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 4 PENNINGTON CLOSE has not materially changed since March 2014.

How Large is 4 PENNINGTON CLOSE?

4 PENNINGTON CLOSE is 130m², which includes one extension, according to the EPC inspection conducted in October 2023. This puts it in the largest 10% of terraced houses in Lymington, based on EPC data. The below chart shows the distribution of terraced houses by size in Lymington, and where 4 PENNINGTON CLOSE lies on this distribution: 92% of terraced houses are smaller than 4 PENNINGTON CLOSE, and 7% of terraced houses are larger. Note that EPC data is not available for all properties in Lymington.

4 PENNINGTON CLOSE: Plot

4 PENNINGTON CLOSE sits on a plot of roughly 0.156 of an acre, or 633m².

Where is 4 PENNINGTON CLOSE?

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