Key Street Insights
Terrace Lane is a residential street with 22 addresses.
It ranks as the 161st largest and 40th most expensive of the 252 streets in the PO40 area. The most common property type is a modern flat built after 1980.
The street contains a total of 22 properties: 7 houses and 15 flats.
- Ave. Sale Price
- £334,969
- 10 Year change
- up 34.5%
- Ave. Rental Price
- £1,415pcm
- 10 Year change
- up 45.6%
- Ave. £ per ft²
- £358/ft²
- Ave. Gross Yield
- 5.1%/year/yr
Key Street Insights
Terrace Lane is a residential street with 22 addresses.
It ranks as the 161st largest and 40th most expensive of the 252 streets in the PO40 area. The most common property type is a modern flat built after 1980.
The street contains a total of 22 properties: 7 houses and 15 flats.
- Ave. Sale Price
- £334,969
- 10 Year change
- up 34.5%
- Ave. Rental Price
- £1,415pcm
- 10 Year change
- up 45.6%
- Ave. £ per ft²
- £358/ft²
- Ave. Gross Yield
- 5.1%/year/yr
Explore Propertieson Terrace Lane, Freshwater, PO40
- Bayclose
Modern Building | 10 Units
- Redoubt House
Building  |  3 Flats
- Sea Walls
Unknown
- Skylarks
Unknown
- Southlands
4 Bed Period House
Sales Market Trends
The last sale on Terrace Lane sold for £138,000 on 4th December 2024. Since then prices are down an average of 3.8%.
The current average value in the street is £334,969.
The Terrace Lane Sales Market has increased by 34.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.4% | £334,969 |
| June 2025 | 0.1% | £350,372 |
| June 2024 | -0.2% | £350,023 |
| June 2023 | -4% | £350,761 |
| June 2022 | 17.3% | £365,201 |
| June 2021 | 9.9% | £311,419 |
| June 2020 | 3.8% | £283,412 |
| June 2019 | 6.1% | £273,006 |
| June 2018 | -1% | £257,288 |
| June 2017 | 4.3% | £259,773 |
| June 2016 | 4.9% | £248,977 |
| June 2015 | 1.1% | £237,342 |
| June 2014 | 2.6% | £234,701 |
| June 2013 | -3.4% | £228,708 |
| June 2012 | 1.4% | £236,695 |
| June 2011 | -3.5% | £233,508 |
| June 2010 | 4.7% | £241,874 |
| June 2009 | -9.6% | £230,923 |
| June 2008 | -2.3% | £255,499 |
| June 2007 | 0% | £261,630 |
Rental Market Trends
The current average rental value in the street is £1,415.
The Terrace Lane Rental Market has increased by 45.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.6% | £1,415pcm |
| June 2025 | 2.4% | £1,379pcm |
| June 2024 | 8.3% | £1,347pcm |
| June 2023 | 7.5% | £1,244pcm |
| June 2022 | 9.5% | £1,157pcm |
| June 2021 | 6.2% | £1,057pcm |
| June 2020 | 0.8% | £995pcm |
| June 2019 | 2.3% | £987pcm |
| June 2018 | 1.2% | £965pcm |
| June 2017 | -1.8% | £954pcm |
| June 2016 | 5.2% | £972pcm |
| June 2015 | 4.7% | £923pcm |
| June 2014 | 5.7% | £882pcm |
| June 2013 | 1.4% | £835pcm |
| June 2012 | -1.1% | £823pcm |
| June 2011 | 6.2% | £832pcm |
| June 2010 | 9.1% | £783pcm |
| June 2009 | -3.6% | £718pcm |
| June 2008 | 4% | £745pcm |
| June 2007 | 0% | £716pcm |
Sales History
The last sale was on 4th December 2024 for £138,000 and since then the market in the area has decreased by 3.8%. The street has had a total of 23 sales since 1995.
Terrace Lane, Freshwater, PO40 has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Dec 2024£138,000 | 2 Bed FlatFlat 4, Bayclose, Terrace Lane, Freshwater, PO40 9QEFlat 4, Bayclose, Terrace Lane, Freshwater, PO40 9QE
- Sold Dec 2021£152,000 | 2 Bed FlatFlat 2, Bayclose, Terrace Lane, Freshwater, PO40 9QEFlat 2, Bayclose, Terrace Lane, Freshwater, PO40 9QE
- Sold Nov 2021£240,000 | 2 Bed FlatFlat 10, Bayclose, Terrace Lane, Freshwater, PO40 9QEFlat 10, Bayclose, Terrace Lane, Freshwater, PO40 9QE
- Sold Jun 2021£134,500 | 2 Bed FlatFlat 3, Bayclose, Terrace Lane, Freshwater, PO40 9QEFlat 3, Bayclose, Terrace Lane, Freshwater, PO40 9QE
- Sold Oct 2018£129,000 | 2 Bed FlatFlat 8, Bayclose, Terrace Lane, Freshwater, PO40 9QEFlat 8, Bayclose, Terrace Lane, Freshwater, PO40 9QE
Top 3 Most Expensive Sales
- Sold Oct 2017£545,000 | 4 Bed HouseSouthlands, Terrace Lane, Freshwater, PO40 9QFSouthlands, Terrace Lane, Freshwater, PO40 9QF
- Sold May 2018£290,000 | 3 Bed FlatFlat 1, The Pannells, Terrace Lane, Freshwater, PO40 9QEFlat 1, The Pannells, Terrace Lane, Freshwater, PO40 9QE
- Sold Nov 2021£240,000 | 2 Bed FlatFlat 10, Bayclose, Terrace Lane, Freshwater, PO40 9QEFlat 10, Bayclose, Terrace Lane, Freshwater, PO40 9QE
Nearby Streets
Terrace Lane, Freshwater, PO40 is the 161st largest and the 40th most expensive street in the PO40 area.
- Gate Lane, Freshwater, PO4055 Addresses|72 m away
- The Square, Freshwater, PO4036 Addresses|148 m away
- Brooklyn Gardens, Freshwater, PO405 Addresses|225 m away
- Blackbridge Road, Freshwater, PO4051 Addresses|228 m away
- Bay Road, Freshwater, PO4051 Addresses|266 m away
- Guyers Road, Freshwater, PO4052 Addresses|297 m away
Sections of this street
There are 2 postcodes on Terrace Lane, Freshwater, PO40.
- House prices in PO40 9QE17 Addresses
- House prices in PO40 9QF5 Addresses
Property Types
- 3 period houses built between 1800 and 1911
- 6 period flats built between 1800 and 1911
- 10 modern flats built after 1980
- 3 other addresses of unknown type
- period house (3)
- period flat (6)
- modern flat (10)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 18 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (3)
- F (1)
- C (8)
- G (0)
- D (5)
- No EPC (4)
Schools Nearby
- St Saviour's Catholic Primary School1.8 km away
- Freshwater & Yarmouth Church of England Aided Primary School3.7 km away
- Shalfleet Church of England Primary School6.4 km away
- Priestlands School9.4 km away
- The Arnewood School13.6 km away
- Carisbrooke College14.4 km away
More reading links
Public Transport Nearby
The closest station to Terrace Lane, Freshwater, PO40 is Lymington Pier station, which is 9.6 kilometres away.
- Lymington Pier|9.6 km away
- Lymington Town|10.0 km away
- New Milton|13.6 km away
