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22, West Way, Lymington is recorded publicly as a period freehold house across 1,044 ft2 of internal area, sitting on a 449 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 22, West Way, Lymington is £569,332 and its rental estimate is £1,861 per month, given the available information and assuming reasonable condition.
West Way, Pennington, Lymington, SO41 falls within the SO41 postal district, in the borough of New Forest.
22, West Way, Lymington has 21 entries in the Land Registry , most recently in May 2021 and a single entry in the EPC database dated January 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
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 22, West Way, Lymington, we estimate a market value of £597,798 and a rental value of £1,954 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £529,479 and £1,731 per month respectively.
Over the last year, 22, West Way, Lymington has seen its estimated sale value move down by £15,851 (2.8%) and its estimated rental value increase by £77 per month (4.1%). This results in an estimated gross rental yield of 3.9%.
HM Land Registry records the plot of land for 22, West Way, Lymington as measuring 449 m2.
That makes it the 19th largest plot in the postcode, where 26 of the 27 other houses have recorded plot data.
22, West Way, Lymington has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Jan 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 22, West Way, Lymington completed on 28th May 2021 at £470,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 4.6% over the period since May 2021.
Over the past 2 years 3 properties similar to 22, West Way, Lymington have sold within a radius of 730 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd October 2024, was 7, Harford Close, Lymington, SO41 8EX, a freehold house which sold for £475,000.
Read more about house prices in SO41.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 27 addresses on West Way, Pennington, Lymington, SO41, 22, West Way, Lymington comes out as the 23rd largest and the 22nd most expensive in our analysis of the public data.
It is also £10k more expensive than the average property across the SO41 district.
From 22, West Way, Lymington, the nearest station is Lymington Town, 1.9 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 22, West Way, Lymington, 39.6% of property is privately owned outright and 22.4% is privately owned with a mortgage.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 22, West Way, Lymington, 12.0% of residents are recorded as possessing school level qualifications and 33.1% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 22, West Way, Lymington, the average age was 56.3 and the most common age was 72.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 22, West Way, Lymington, 0.0% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 22, West Way, Lymington, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.