Local market reports › SO area › SO41 › SO41 0
Milford-on-Sea market report SO41 0, Lymington
The standing SO41 0 (Milford-on-Sea) property market report, rebuilt from the full public record every month. Underneath every chart here sit 7,927 registered sales in SO41 0 (Lymington) since 1995, the HM Land Registry record of what buyers really paid, with ONS figures covering rents. Nothing is a valuation, an estimate or an asking price.
Sales data to 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.
In short: a typical SO41 0 (Lymington) home changed hands for £502,800 in 2026 (median of 64 registered sales, up 9% on five years earlier), with the mean at £588,500, and by floor area homes here have averaged about £5,240 per square metre over the last five years. Source: 7,927 completed sales on the HM Land Registry record since 1995, updated with each monthly release. No valuations, no asking prices.
A postcode sector like SO41 0 is a single group of streets within SO41 (Lymington), the finest slice the public record supports. Fewer sales stand behind each figure than at district level, so the lines jump about more.
Where SO41 0 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
What SO41 0 homes really sell for
Take the 64 registered 2026 sales in SO41 0 and the middle price, the median, is £502,800. The mean lands at £588,500, well above it, the signature of a heavy top tail: a handful of expensive sales lifting the average.
Price per square metre in SO41 0
A square metre of SO41 0 home has cost about £5,240 on average across the last five years of sales, using the floor area on each home's Energy Performance Certificate: the measure that puts a studio and a five-bed on the same footing.
The national median for England and Wales is £285,000, which puts SO41 0 76% above the country at large.
A typical SO41 0 home, priced year by year (1995 to 2026)
The median as recorded at the time, and each year restated in today's money (ONS CPIH), the sharper test of whether homes really got dearer. Hover for the year-by-year figures; click a legend entry to isolate a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £502,800 | £502,800 | 64 |
| 2025 | £517,500 | £529,875 | 206 |
| 2024 | £491,000 | £522,034 | 156 |
| 2023 | £529,800 | £582,121 | 140 |
| 2022 | £565,000 | £662,527 | 203 |
| 2021 | £460,000 | £582,419 | 330 |
| 2020 | £465,000 | £603,347 | 236 |
| 2019 | £418,500 | £548,553 | 170 |
| 2018 | £390,000 | £519,877 | 220 |
| 2017 | £398,000 | £542,832 | 217 |
| 2016 | £353,500 | £494,550 | 240 |
| 2015 | £338,500 | £478,301 | 256 |
| 2014 | £325,000 | £461,069 | 278 |
| 2013 | £281,000 | £404,331 | 205 |
| 2012 | £280,000 | £412,125 | 195 |
| 2011 | £272,000 | £410,615 | 206 |
| 2010 | £282,000 | £442,249 | 235 |
| 2009 | £250,000 | £401,877 | 195 |
| 2008 | £300,000 | £491,763 | 195 |
| 2007 | £291,500 | £494,465 | 320 |
| 2006 | £257,900 | £447,681 | 356 |
| 2005 | £250,000 | £444,899 | 249 |
| 2004 | £250,000 | £454,049 | 286 |
| 2003 | £237,000 | £436,611 | 265 |
| 2002 | £198,200 | £372,912 | 348 |
| 2001 | £158,000 | £303,747 | 295 |
| 2000 | £142,200 | £279,068 | 292 |
| 1999 | £120,500 | £240,150 | 382 |
| 1998 | £116,500 | £235,164 | 284 |
| 1997 | £95,000 | £194,826 | 358 |
| 1996 | £88,000 | £185,588 | 307 |
| 1995 | £82,000 | £178,255 | 238 |
In cash terms the typical SO41 0 home went from £82,000 in 1995 to £502,800 in 2026, roughly 6 times the price. Even after inflation that is a real rise of about 182%: homes here genuinely became dearer, not merely more expensive on paper. In inflation-adjusted terms the high-water mark was 2022. The market now sits about 24% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the SO41 0 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2002 (+25.4% on the year before); the weakest, 2009 (−16.7%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
What SO41 0 has returned, per year
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −2.8% | −5.1% |
| 5 years (since 2021) | +1.8% | −2.9% |
| 10 years (since 2016) | +3.6% | +0.2% |
| 20 years (since 2006) | +3.4% | +0.6% |
Compound annual growth of the median sold price; the real column deflates by ONS CPIH. Annualised figures smooth the cycle (the chart above shows the cycle), and past growth is a record, not a forecast.
Sales activity in SO41 0
Sales per year, counted
Each bar is a year's recorded sales. 2008's dip is the financial crisis, and the newest bar always grows for a while as late registrations arrive.
The register shows 64 SO41 0 sales across the most recent twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 301 sales a year before the financial crisis and 154 a year over the last five. Watch the volume as closely as the price. Thin years make jumpy medians, where one street's sales can move the figure, and the newest year is always incomplete because registrations trail completions by weeks or months.
What tenants pay around SO41 0
The local authority for SO41 0 is New Forest, and its ONS average private rent currently stands at £1,240 a month (May 2026 figures). The spread runs from £861 a month for a typical one-bed to £1,984 at four-plus bedrooms, which is size doing most of the pricing.
Average monthly rent by size, New Forest
ONS Price Index of Private Rents, May 2026.
Against the £502,800 median purchase price, a rent of £1,240 a month (£14,880 a year) works out at a 3.0% gross yield, a ceiling figure that ignores letting costs, voids, maintenance and tax. Because rents are local-authority statistics, districts sharing the authority share the figure.
Reading the SO41 0 market
The record here is jumpy: year-on-year moves of ten per cent or more are common in the chart above, mostly a function of which homes happened to sell rather than the market lurching.
What people ask about SO41 0 (Milford-on-Sea)
Is SO41 0 (Milford-on-Sea) a good place to buy a house?
How much did a house sell for in SO41 0 (Milford-on-Sea)?
Are property prices falling in SO41 0 (Milford-on-Sea)?
Will SO41 0 prices rise from here?
The record answers a different question than "what happens next": the median is up 9% over five years in cash but down 14% after inflation. Put the volume chart beside the price chart before drawing conclusions, and allow for the register's lag behind actual completions.
What is for sale in SO41 right now
Turning to what is actually available: 198 homes on the market right now, from 7 agents publishing to HomesIndex.
These cover the whole SO41 district, not just SO41 0: live asking prices are collected per district.
39% of what is on the market here is asking below what comparable homes actually sold for. The comparison behind each listing uses recent recorded sales of similar homes close by.
- Fullerton Road, LYMINGTON, Hampshire,...
- Hordle, Lymington, Hampshire, Lymington
- Pennington, Lymington, Hampshire, Lymington
"Under comparable sales" compares each asking price with what similar homes nearby actually sold for. It is a starting point for a conversation, not a valuation. Always look at the home itself.
See every SO41 home for sale on the map →
Live asking prices from estate agents who publish a feed to HomesIndex, refreshed every Monday and Thursday: a sample of the market, not every home for sale. Asking prices are not sale prices.
Bedroom by bedroom: SO prices by size
What homes of each size actually sold for across the SO area, from the Land Registry record. How much a size step costs is a local fact: the third-bedroom premium runs from about a quarter to nearly four fifths depending on the area, and national rules of thumb miss it.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £369,500 | £515,000 (+39%) | £775,000 (+50%) | £1,194,217 (+54%) |
| Semi-detached | £275,000 | £316,000 (+15%) | £375,000 (+19%) | £495,000 (+32%) | £837,500 (+69%) |
| Terraced | £255,000 | £282,450 (+11%) | £320,000 (+13%) | £480,125 (+50%) | £792,000 (+65%) |
| Flat | £155,000 | £220,000 (+42%) | £387,250 (+76%) | £750,000 (+94%) | — |
Four years of recorded sales, split by built form and bedroom count. The register does not state bedrooms, so sizes come from each home's EPC record and a few homes will land one size out. Blank cells mean too few homes for the figure to mean anything.
The risers and the fallers
The spread across the SO area is the point: the same five years treated these districts very differently.
SO area districts: five years of change
The biggest risers and fallers in cash terms; every row links to that district's report.
Other sectors in SO41
Prices can differ sharply between two sectors a few minutes' walk apart. The rest of SO41, each linking to its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| SO41 3 | £739,500 | 29 |
| SO41 5 | £845,000 | 5 |
| SO41 6 | £580,000 | 26 |
| SO41 8 | £410,000 | 37 |
| SO41 9 | £385,000 | 47 |
Zoom out to the full SO41 district report for the type split, monthly volumes and how SO41 compares with its neighbours.
Selling a home in SO41 0? Price it on the evidence
Start from what homes here actually sold for, not an estimate. Before booking a house valuation or flat valuation in SO41 0, use the average prices map for a rough value: zoom from SO41 0's shading down to the sold homes on your own street. The figures above are every recorded SO41 0 sale; agents price with this same Land Registry record, and now you have it too.
Estate agents working SO41 0: the featured spot on this report is free for founding agents, one per district. Claim SO41 0.
Take it further
Behind the answers sits the same Land Registry record as this page, with SO41 0 already set as the subject. Free, one click sign in.
Two maps carry on from here: every SO41 0 sale at its exact address, and the average prices map from area shading down to single homes. The report tool answers a specific question in writing, and each sale's mortgage and rent calculator prices a real purchase.
How this page is made: the statistics are computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to address level; inflation adjustment uses the ONS CPIH index; rents are the ONS Price Index of Private Rents at local-authority level. Medians of recorded sales, not valuations. Nothing on this page is financial advice.