Pennington Oval - SO41 8BU
Key Postcode Insights
SO41 8BU is a residential postcode situated on Pennington Oval, Pennington, Lymington, SO41 with 18 addresses.
It ranks as the 667th largest and 175th most expensive of the 1,020 postcodes in the SO41 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 18 properties: 18 houses.
- Ave. Sale Price
- £347,948
- 10 Year change
- up 28.3%
- Ave. Rental Price
- £1,446pcm
- 10 Year change
- up 58.5%
- Ave. £ per ft²
- £363/ft²
- Ave. Gross Yield
- 5.0%/year/yr
Key Postcode Insights
SO41 8BU is a residential postcode situated on Pennington Oval, Pennington, Lymington, SO41 with 18 addresses.
It ranks as the 667th largest and 175th most expensive of the 1,020 postcodes in the SO41 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 18 properties: 18 houses.
- Ave. Sale Price
- £347,948
- 10 Year change
- up 28.3%
- Ave. Rental Price
- £1,446pcm
- 10 Year change
- up 58.5%
- Ave. £ per ft²
- £363/ft²
- Ave. Gross Yield
- 5.0%/year/yr
Explore Propertiesin SO41 8BU
- 26 Pennington Oval
3 Bed Mid-century House
- 28 Pennington Oval
Unknown
- 30 Pennington Oval
Unknown
- 32 Pennington Oval
Unknown
- 34 Pennington Oval
3 Bed Mid-century House
Sales Market Trends
The last sale in SO41 8BU sold for £315,000 on 6th November 2024. Since then prices are down an average of 1.3%.
The current average value in the postcode is £347,948.
The SO41 8BU Sales Market has increased by 28.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.2% | £347,948 |
| June 2025 | -1.7% | £355,891 |
| June 2024 | -3.3% | £362,165 |
| June 2023 | -1.8% | £374,548 |
| June 2022 | 14.1% | £381,303 |
| June 2021 | 9.5% | £334,050 |
| June 2020 | 2.1% | £305,204 |
| June 2019 | 1.4% | £298,806 |
| June 2018 | 2.4% | £294,547 |
| June 2017 | 6% | £287,554 |
| June 2016 | 6.8% | £271,264 |
| June 2015 | 6.7% | £253,954 |
| June 2014 | 8.8% | £238,002 |
| June 2013 | 2% | £218,736 |
| June 2012 | -2.2% | £214,427 |
| June 2011 | 4% | £219,304 |
| June 2010 | 12.4% | £210,790 |
| June 2009 | -9.7% | £187,558 |
| June 2008 | 1% | £207,766 |
| June 2007 | 0% | £205,614 |
Rental Market Trends
The current average rental value in the postcode is £1,446.
The SO41 8BU Rental Market has increased by 58.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.9% | £1,446pcm |
| June 2025 | 5.8% | £1,392pcm |
| June 2024 | 4.4% | £1,316pcm |
| June 2023 | 13.9% | £1,261pcm |
| June 2022 | 5.7% | £1,107pcm |
| June 2021 | 7.9% | £1,047pcm |
| June 2020 | 2.9% | £970pcm |
| June 2019 | 1% | £942pcm |
| June 2018 | 0.3% | £933pcm |
| June 2017 | 2% | £930pcm |
| June 2016 | 1.7% | £912pcm |
| June 2015 | 3.9% | £897pcm |
| June 2014 | 8.7% | £864pcm |
| June 2013 | 3.2% | £795pcm |
| June 2012 | 1.7% | £770pcm |
| June 2011 | 3.1% | £757pcm |
| June 2010 | 8.5% | £735pcm |
| June 2009 | -4% | £677pcm |
| June 2008 | -0.6% | £706pcm |
| June 2007 | 0% | £710pcm |
Sales History
The last sale was on 6th November 2024 for £315,000 and since then the market in the area has decreased by 1.3%. The postcode has had a total of 19 sales since 1995.
SO41 8BU has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Nov 2024£315,000 | 3 Bed House26, Pennington Oval, Lymington, SO41 8BU26, Pennington Oval, Lymington, SO41 8BU
- Sold Feb 2024£380,000 | 3 Bed House60, Pennington Oval, Lymington, SO41 8BU60, Pennington Oval, Lymington, SO41 8BU
- Sold Mar 2021£315,000 | 3 Bed House26, Pennington Oval, Lymington, SO41 8BU26, Pennington Oval, Lymington, SO41 8BU
- Sold May 2020£290,000 | 3 Bed House38, Pennington Oval, Lymington, SO41 8BU38, Pennington Oval, Lymington, SO41 8BU
- Sold May 2018£296,500 | 3 Bed House26, Pennington Oval, Lymington, SO41 8BU26, Pennington Oval, Lymington, SO41 8BU
Nearby Postcodes
SO41 8BU is the 667th largest and the 175th most expensive postcode out of the 1,020 postcodes in the SO41 area.
- SO41 8BT, Pennington Oval, Pennington, Lymington, SO41SO41 8BT24 Addresses|55 m away
- SO41 8AP, Broomhill Close, Pennington, Lymington, SO41SO41 8AP10 Addresses|71 m away
- SO41 8BZ, Efford Way, Pennington, Lymington, SO41SO41 8BZ41 Addresses|75 m away
- SO41 8BP, Corbin Road, Pennington, Lymington, SO41SO41 8BP14 Addresses|101 m away
- SO41 8DA, Efford Way, Pennington, Lymington, SO41SO41 8DA29 Addresses|108 m away
Property Types
- 9 mid-century houses built between 1936 and 1979
- 4 early-century houses built between 1912 and 1935
- 5 other addresses of unknown type
- mid-century house (9)
- early-century house (4)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 13 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (1)
- F (0)
- C (4)
- G (1)
- D (7)
- No EPC (5)
Top 3 Most Expensive Sales
- Sold Sep 2022£425,000 | 3 Bed House11, Pennington Oval, Lymington, SO41 8BT11, Pennington Oval, Lymington, SO41 8BT
- Sold Feb 2024£380,000 | 3 Bed House60, Pennington Oval, Lymington, SO41 8BU60, Pennington Oval, Lymington, SO41 8BU
- Sold Jul 2024£375,000 | 3 Bed House12, Pennington Oval, Lymington, SO41 8BQ12, Pennington Oval, Lymington, SO41 8BQ
Schools Nearby
- Pennington Church of England Primary School700 m away
- Our Lady and St Joseph Catholic Primary School - the Learning Federation Partnership of Schools900 m away
- Lymington Junior School1.6 km away
- Priestlands School900 m away
- The Arnewood School6.8 km away
- Highcliffe School10.9 km away
More reading links
Public Transport Nearby
The closest station to SO41 8BU is Lymington Town station, which is 2.3 kilometres away.
- Lymington Town|2.3 km away
- Lymington Pier|2.7 km away
- Sway|4.7 km away
- New Milton|6.4 km away
