Flat 11, Homewood House Milford Road, Pennington, Lymington, SO41 8EZ is a leasehold flat built between 1976-1982. The property offers approximately 409 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £61,595 , which equates to approximately £151 per square foot. It was last sold on 25 Nov 2022 for £68,500. Since then, the value has decreased by £6,905, representing a 10.1% decrease, or approximately 3.3% per year.

The current estimated value of £61,595 is:

  • 86.6% lower than the average property price on Milford Road
  • 34.4% lower than the average in the SO41 8EZ postcode area
  • and 88.6% lower than the average price for Lymington as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 11 June 2021, the property was recorded as owner-occupied.

View sold house prices in SO41 8EZ

Building approximate location

About Property

Type
Flat
Built
1976-1982
Interior Size
409 sq ft
Tenure
Leasehold
Price (estimate)
£61,595
Price Per sq ft (estimate)
£151
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 11, Homewood House Milford Road, Pennington, Lymington, New Forest, Hampshire, SO41 8EZ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 11 Jun 2021.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from the main heating system, though the cylinder has no thermostat. The windows are fully double glazed.

The previous EPC assessment was conducted on 3 Aug 2009, and the property received the same rating of C with an unchanged energy efficiency score of 69.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from average to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water system was changed from from main system to from main system, no cylinder thermostat, with its energy efficiency changing from average to poor.
  • The wall construction or insulation changed from cavity wall, as built, partial insulation (assumed) to cavity wall, filled cavity, improving energy efficiency from average to good.
  • The lighting was updated from low energy lighting in 80% of fixed outlets to low energy lighting in 67% of fixed outlets, with efficiency changing from very good to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system, no cylinder thermostat
Poor
Walls
Cavity wall, filled cavity
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 67% of fixed outlets
Good

Compared to SO41 8EZ

3 rd / 44
Price Rank
34% lower than average
37 th / 40
Size Rank
8% smaller than average
3 rd / 40
Price Per Sq FT Rank
28% lower than average

Compared to other properties in SO41 8EZ , this flat's estimated value ranks 3rd out of 44. Based on price per square foot, it ranks 3rd out of 40 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 37th out of 40 properties in its postcode area.

Sale History

Today
£61,595
streetscan.co.uk estimate
-10 %
25 Nov 2022
£68,500
Leasehold
+8.7 %
22 Mar 2013
£63,000
Leasehold
-30 %
23 Jan 2004
£90,000
Leasehold
+57.9 %
18 Dec 2001
£57,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 429 sq ft
sale price: £72,000
sale date: 31 Aug 2023
rooms: 2
size: 388 sq ft
sale price: £82,500
sale date: 15 Apr 2021
rooms: 2
size: 409 sq ft
sale price: £67,500
sale date: 28 Jul 2020
rooms: 2
size: 431 sq ft
sale price: £77,000
sale date: 12 Apr 2019
rooms: 2
size: 420 sq ft
sale price: £70,000
sale date: 5 Apr 2017

Data Sources

The property at Flat 11, Homewood House Milford Road, Pennington, Lymington, SO41 8EZ appears four times in the Land Registry records, with the latest transaction recorded on 25 Nov 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 11 Jun 2021. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.