MILLGATE, YARRELL MEAD, PENNINGTON, LYMINGTON, SO41 8HB - £90,000

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.

MILLGATE is a large extended detached house of 166m², built sometime between 1983 and 1990, which could now be worth an estimated £396,904. It was last sold for £90,000 in August 1997, which was around 30% below the average August 1997 detached price in the New Forest local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.

MILLGATE Sold Prices

Land registry data shows one sale for MILLGATE 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
1997 13 AUG	£90,000	£129,277	30% below HPI

What might MILLGATE be worth now?

MILLGATE might now be worth an estimated £396,904.

This is based on house price inflation of 341%, between August 1997 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 341% inflationary increase is applied to the most recent sale price for MILLGATE of £90,000 on 13th August 1997. For the value to have increased from £90,000 to £396,904 over the 29 years and three months to May 2026, the following assumptions must hold true:

• The value of MILLGATE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The August 1997 sale price of £90,000 represented a fair market value for the property.
• The size, condition, and specification of MILLGATE has not materially changed since August 1997.

How Large is MILLGATE?

MILLGATE is 166m², which includes two extensions, according to the EPC inspection conducted in March 2024. This puts it in the largest 30% of detached houses in Lymington, based on EPC data. The below chart shows the distribution of detached houses by size in Lymington, and where MILLGATE lies on this distribution: 77% of detached houses are smaller than MILLGATE, and 23% of detached houses are larger. Note that EPC data is not available for all properties in Lymington.

MILLGATE: Plot

MILLGATE sits on a plot of roughly 0.079 of an acre, or 321m².

Where is MILLGATE?

MILLGATE is located on YARRELL MEAD in PENNINGTON, in the SO41 postcode district.