Housing Market Analysis for LOWER PENNINGTON LANE, SO41 8FT

Are you looking to understand SO41 8FT house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this New Forest postcode.

For the location information and nearby amenities in the SO41 8FT area, explore the SO41 8FT Area information page.
For comprehensive crime statistics in the SO41 8FT area, explore the SO41 8FT Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the SO41 8FT postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £464,158 median price is £457,475 Standard Deviation is £98,160 with Total Sold: 6
    • The Last 5 Year average price is £583,750 with Total Sold: 2
    • The most recent sale happened at this postcode is 2, SPRINGFIELD LOWER PENNINGTON LANE: £592,500 (Sold on 09 Sep 2022)
    • The first recorded sale happened at this postcode is TRANQUILITY LOWER PENNINGTON LANE: £382,500 (Sold on 25 May 2007)
  • Detached
    • The average price is around £448,350 median price is £420,000 Standard Deviation is £199,075 with Total Sold: 10
    • The Last 5 Year average price is £850,000 with Total Sold: 1
    • The most recent sale happened at this postcode is CROSSWAYS LOWER PENNINGTON LANE: £850,000 (Sold on 28 Jun 2021)
    • The first recorded sale happened at this postcode is WALNUT COTTAGE LOWER PENNINGTON LANE: £141,000 (Sold on 02 May 1996)
  • Terraced
    • The average price is around £440,500 median price is £415,000 Standard Deviation is £101,031 with Total Sold: 3
    • The most recent sale happened at this postcode is 5, SPRINGFIELD LOWER PENNINGTON LANE: £575,000 (Sold on 11 Apr 2017)
    • The first recorded sale happened at this postcode is 4, SPRINGFIELD LOWER PENNINGTON LANE: £415,000 (Sold on 17 Mar 2017)
  • Other
    • The average price is around £480,000 median price is £480,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is LABADI LOWER PENNINGTON LANE: £480,000 (Sold on 12 Jan 2017)
    • The first recorded sale happened at this postcode is LABADI LOWER PENNINGTON LANE: £480,000 (Sold on 12 Jan 2017)

Sold Price Trend Over the Years:

Below table and chart gives the average SO41 8FT house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£583,750 £5,667 2
2017£402,500 £4,816 2
2014£429,950 £4,725 1
2007£382,5001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£850,000 £4,670 1
2016£675,000 £3,835 1
2009£390,000 £6,229 1
2007£405,000 £6,469 1
2006£435,000 £4,143 1
2004£562,5001
2003£345,0002
2002£335,000 £3,190 1
1996£141,000 £1,343 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£440,500 £4,416 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£480,000 £3,333 1

All the Sales in the LOWER PENNINGTON LANE, SO41 8FT

See the table below for more details on the sold house prices in the SO41 8FT, New Forest postcode.

AddressSold DatePrice% Change
2, SPRINGFIELD LOWER PENNINGTON LANESemi-Detached, FreeholdArea: 103 Sq.mtr09 Sep 2022£592,5003.04%
28 Feb 2022£575,00018.56%
20 Apr 2017£485,000First Sale
CROSSWAYS LOWER PENNINGTON LANEDetached, FreeholdArea: 182 Sq.mtrAge: 1900-192928 Jun 2021£850,000First Sale
1, SPRINGFIELD LOWER PENNINGTON LANESemi-Detached, FreeholdArea: 65 Sq.mtr11 Aug 2017£320,000First Sale
5, SPRINGFIELD LOWER PENNINGTON LANETerraced, FreeholdArea: 128 Sq.mtr11 Apr 2017£575,000First Sale
3, SPRINGFIELD LOWER PENNINGTON LANETerraced, FreeholdArea: 79 Sq.mtr31 Mar 2017£331,500First Sale
4, SPRINGFIELD LOWER PENNINGTON LANETerraced, FreeholdArea: 91 Sq.mtr17 Mar 2017£415,000First Sale
LABADI LOWER PENNINGTON LANEOther, FreeholdArea: 144 Sq.mtrAge: 1967-197512 Jan 2017£480,000First Sale
MORNINGSIDE LOWER PENNINGTON LANEDetached, FreeholdArea: 176 Sq.mtrAge: before 190031 Aug 2016£675,000First Sale
TRANQUILLITY LOWER PENNINGTON LANESemi-Detached, FreeholdArea: 91 Sq.mtrAge: 2003-200626 Nov 2014£429,950First Sale
BEECH COTTAGE LOWER PENNINGTON LANEDetached, FreeholdArea: 62.61 Sq.mtrAge: 1996-200202 Jul 2009£390,000-3.70%
23 Feb 2007£405,000First Sale
TRANQUILITY LOWER PENNINGTON LANESemi-Detached, Freehold25 May 2007£382,50082.14%
14 Mar 2003£210,000First Sale
WALNUT COTTAGE LOWER PENNINGTON LANEDetached, FreeholdArea: 105 Sq.mtrAge: 1991-199517 Nov 2006£435,00029.85%
25 Sep 2002£335,000137.59%
02 May 1996£141,000First Sale
JUNIPER LODGE LOWER PENNINGTON LANEDetached, Freehold31 Mar 2004£562,50017.19%
26 Mar 2003£480,000First Sale

Check out the sold house prices near the SO41 8FT postcode. Properties currently for saleProperties currently for rent

LOWER PENNINGTON LANE, SO41 8FT Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the SO41 8FT postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the SO41 8FT postcode.

  • Detached
    • The average price is around £427,098 median price is £372,000 Standard Deviation is £265,285 with Total Sold: 975
    • The Last 5 Year average price is £743,725 with Total Sold: 179
    • The most recent sale happened at this postcode is , WYNSTAY RIDGEWAY LANE: £825,000 (Sold on 18 Sep 2024)
    • The first recorded sale happened at this postcode is , 71 MILFORD ROAD: £72,500 (Sold on 21 Feb 1995)
  • Semi-Detached
    • The average price is around £286,406 median price is £283,000 Standard Deviation is £150,644 with Total Sold: 215
    • The Last 5 Year average price is £481,549 with Total Sold: 31
    • The most recent sale happened at this postcode is , WILLOW COTTAGE FOX POND LANE: £650,000 (Sold on 19 Aug 2024)
    • The first recorded sale happened at this postcode is , WILLOW COTTAGE FOX POND LANE: £97,000 (Sold on 03 May 1995)
  • Other
    • The average price is around £1,111,098 median price is £840,000 Standard Deviation is £1,310,311 with Total Sold: 11
    • The Last 5 Year average price is £845,500 with Total Sold: 4
    • The most recent sale happened at this postcode is , 17 MILFORD ROAD: £1,400,000 (Sold on 05 Apr 2024)
    • The first recorded sale happened at this postcode is , COURT LODGE NURSING HOME COURT LODGE: £5,000,000 (Sold on 05 Oct 2015)
  • Terraced
    • The average price is around £262,688 median price is £256,500 Standard Deviation is £126,953 with Total Sold: 260
    • The Last 5 Year average price is £424,463 with Total Sold: 36
    • The most recent sale happened at this postcode is 4, COURT COTTAGES COURT CLOSE: £389,950 (Sold on 08 Mar 2024)
    • The first recorded sale happened at this postcode is , 3 SOUTH STREET: £57,000 (Sold on 08 Feb 1995)
  • Flat
    • The average price is around £131,241 median price is £97,750 Standard Deviation is £90,955 with Total Sold: 296
    • The Last 5 Year average price is £210,841 with Total Sold: 37
    • The most recent sale happened at this postcode is FLAT 22, HOMEWOOD HOUSE MILFORD ROAD: £70,000 (Sold on 31 Aug 2023)
    • The first recorded sale happened at this postcode is , 32 ROWANS PARK: £66,000 (Sold on 16 Feb 1995)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£908,794 £6,924 17
2023£726,125 £6,401 20
2022£792,282 £8,709 30
2021£785,087 £5,902 47
2020£675,763 £5,381 25
2019£639,828 £5,152 40
2018£553,194 £4,828 18
2017£678,891 £4,596 23
2016£580,213 £4,707 33
2015£533,183 £4,176 43
2014£485,634 £4,283 37
2013£438,875 £3,587 28
2012£417,472 £3,987 23
2011£431,364 £4,209 28
2010£457,854 £3,713 24
2009£392,639 £3,350 28
2008£429,227 £3,607 22
2007£445,897 £3,633 40
2006£411,124 £3,214 46
2005£386,326 £2,645 39
2004£368,389 £3,691 46
2003£315,239 £2,609 33
2002£262,261 £2,230 41
2001£223,769 £2,014 47
2000£218,298 £1,697 27
1999£170,880 £1,396 37
1998£162,690 £1,376 31
1997£152,948 £1,154 31
1996£147,229 £1,050 48
1995£121,043 £846 23
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£590,000 £4,240 2
2022£601,812 £5,576 8
2021£424,603 £4,185 10
2020£434,333 £4,061 3
2019£423,062 £4,793 8
2018£322,340 £4,065 5
2017£354,273 £3,890 11
2016£409,279 £5,804 7
2015£377,250 £3,299 4
2014£374,490 £4,073 5
2013£326,625 £3,034 8
2012£349,167 £3,511 3
2011£355,932 £3,526 11
2010£381,250 £4,260 6
2009£328,500 £5,080 10
2008£374,167 £3,095 6
2007£299,359 £3,202 23
2006£291,100 £3,018 5
2005£209,250 £2,587 6
2004£231,250 £2,474 8
2003£213,333 £2,512 3
2002£165,230 £1,570 10
2001£138,950 £1,594 10
2000£139,939 £1,484 9
1999£118,408 £1,209 6
1998£97,733 £1,336 6
1997£89,445 £1,014 10
1996£77,500 £655 2
1995£76,715 £950 10
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£1,400,0001
2022£857,0001
2021£562,500 £1,645 2
2017£563,667 £4,167 3
2016£716,359 £3,274 3
2015£5,000,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£389,950 £4,814 1
2023£423,420 £4,927 5
2022£481,438 £5,447 8
2021£426,195 £3,863 10
2020£338,286 £3,572 7
2019£458,431 £3,930 5
2018£379,625 £3,765 8
2017£345,267 £3,536 15
2016£353,883 £4,276 9
2015£347,950 £4,012 10
2014£301,714 £2,942 14
2013£262,782 £3,500 14
2012£290,167 £2,805 6
2011£295,056 £3,837 9
2010£275,650 £2,605 10
2009£286,854 £4,029 12
2008£264,600 £3,334 5
2007£277,033 £3,266 12
2006£245,545 £2,775 11
2005£273,112 £2,506 4
2004£210,062 £2,244 8
2003£195,286 £2,328 7
2002£180,573 £1,783 11
2001£141,3505
2000£142,629 £1,464 7
1999£113,889 £1,258 9
1998£112,033 £1,114 6
1997£93,687 £935 11
1996£88,000 £908 11
1995£76,400 £748 10
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£134,730 £2,933 5
2022£253,700 £4,105 5
2021£223,350 £4,003 10
2020£208,562 £3,140 8
2019£217,439 £3,435 9
2018£200,100 £3,335 5
2017£232,000 £3,419 8
2016£166,636 £2,616 11
2015£103,806 £1,854 8
2014£155,000 £2,707 12
2013£125,806 £2,391 9
2012£146,778 £2,551 9
2011£153,428 £3,206 7
2010£145,555 £3,060 9
2009£101,100 £1,872 5
2008£163,250 £2,698 6
2007£185,079 £2,831 19
2006£147,833 £2,333 12
2005£130,045 £2,415 11
2004£150,500 £2,560 7
2003£120,550 £2,138 14
2002£179,172 £2,472 23
2001£57,600 £1,371 12
2000£60,577 £1,172 13
1999£48,458 £920 13
1998£37,143 £929 7
1997£37,667 £887 9
1996£33,397 £607 17
1995£37,346 £712 13

House Type in SO41 8FT area

The most common house types in the SO41 8FT postcode area are Detached (80), Terraced (30), and Semi-detached (26).

Total137
Detached80
Terraced30
Semi-detached26
Shared house1
Flat0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (85), and Owned: Owns with a mortgage or loan (41).

Owned: Owns outright85
Owned: Owns with a mortgage or loan41
Private rented: Private landlord or letting agency5
Private rented: Other private rented3
Social rented: Other social rented2
Social rented: Rents from council or Local Authority1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the SO41 8FT have 2 people in household (59), and 1 person in household (44).

2 people in household59
1 person in household44
3 people in household17
4 people in household14
5 people in household6
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0