3 Springfield Lower Pennington Lane

    3 SPRINGFIELD, LOWER PENNINGTON LANE, PENNINGTON, LYMINGTON, SO41 8FT

    This terraced freehold property on Lower Pennington Lane last sold in March 2017 for £331,500. Based on price growth in the SO41 district since then, its estimated current value is £421,875 — placing it in the 70th percentile nationally and the 36th percentile within SO41. The property covers 79 m² (850 sq ft), giving an estimated value of £5,340 per m². The EPC rating is B, with a potential rating of A.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    79 m²

    (850 sq ft)

    Last Sale Price

    £331,500

    Mar 2017

    Estimated Valuation

    £421,875

    Est. £/m²

    £5,340/m²

    £496/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction age2013
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area79 m² (850 sq ft)
    EPC dateFeb 2017
    WallsAverage thermal transmittance 0.22 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 Mar 2017

    New build

    £331,500

    Key Metrics

    Estimated valuation£421,875
    Value per m² / sq ft£5,340/m² (£496/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    SO41 district percentile36th percentile
    National percentile70th percentile

    District Context — SO41

    SO41 covers the New Forest area in Hampshire, situated in the south coast region between Southampton and Dorset. It is a predominantly rural and affluent district known for its natural landscape, heritage appeal, and strong appeal to retirees and families seeking countryside living.

    Average Property Price - SO41

    £555,394

    86

    National percentile

    Average Net Household Income - SO41

    £44,669

    75

    National percentile

    10-Year Annualised Price Growth - SO41

    2.8%

    24

    National percentile

    10-Year Annualised Rent Growth - SO

    3.8%

    44

    National percentile

    View full analysis for SO41

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