16, Southern Road
16, Southern Road
Description & Estimates
16, Southern Road, Lymington is recorded publicly as a period freehold house across 1,087 ft2 of internal area, sitting on a 635 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 16, Southern Road, Lymington is £479,854 and its rental estimate is £1,840 per month, given the available information and assuming reasonable condition.
Southern Road, Lymington, SO41 falls within the SO41 postal district, in the borough of New Forest.
Our Data Sources
16, Southern Road, Lymington has a single entry in the Land Registry from July 2012 and a single entry in the EPC database dated August 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 16, Southern Road, Lymington, we estimate a market value of £503,847 and a rental value of £1,932 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £446,264 and £1,711 per month respectively.
Recent Market Change
Over the last year, 16, Southern Road, Lymington has seen its estimated sale value decline by £13,360 (2.8%) and its estimated rental value climb by £76 per month (4.1%). This results in an estimated gross rental yield of 4.6%.
Plot Size
HM Land Registry records the plot of land for 16, Southern Road, Lymington as measuring 635 m2.
That makes it the 6th largest plot in the postcode, where 16 of the 17 other houses have recorded plot data.
Energy Efficiency
16, Southern Road, Lymington has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Aug 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 16, Southern Road, Lymington completed on 4th July 2012 at £295,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 58.5% over the period since July 2012.
- Sold Jul 2012£295,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 16, Southern Road, Lymington have sold within a radius of 570 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th February 2022, was 47, Western Road, Lymington, SO41 9HJ, a freehold house which sold for £590,000.
Read more about house prices in SO41.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 37 addresses on Southern Road, Lymington, SO41, 16, Southern Road, Lymington comes out as the 19th largest and the 26th most expensive in our analysis of the public data.
It is also £80k less expensive than the average property across the SO41 district.
More reading links
Schools Nearby
- 400mPennington Church of England Primary School
- 500mLymington Junior School
- 600mLymington Church of England Infant School
- 500mPriestlands School
- 7.7kmThe Arnewood School
- 11.9kmHighcliffe School
More reading links
Public Transport Nearby
From 16, Southern Road, Lymington, the nearest station is Lymington Town, 1.3 kilometres away.
- 1.3kmLymington Town
- 1.8kmLymington Pier
- 4.9kmSway
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
