Local market reports › SO area › SO41 › SO41 3
Milford-on-Sea market report SO41 3, Lymington
The SO41 3 (Milford-on-Sea) house price history in full, 1995 to 2026, in cash and in today's money. This page is built from the public record and nothing else: 2,517 completed sales registered with HM Land Registry in SO41 3 (Lymington) since 1995, plus current ONS rental figures. There are no valuations, estimates or asking prices in it.
Sales data to 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.
In short: the middle 2026 sale in SO41 3 (Lymington) came in at £739,500, out of 29 registered, up 15% on five years earlier, and the mean stands at £729,200, and by floor area homes here have averaged about £6,320 per square metre over the last five years. The record behind it is 2,517 completed sales lodged with HM Land Registry since 1995, monthly refreshed, with no valuations or asking prices anywhere in the figures.
SO41 3 is one sector of SO41 (Lymington): a handful of streets, and the most local view the sold record can give. The price of that locality is lumpier charts, because each year's median rests on fewer sales.
Where SO41 3 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 3 homes really sell for
The 2026 median for SO41 3 is £739,500, taken from 29 registered sales. The mean, which is what most sites call the "average house price", is £729,200, almost on top of it, so sales bunch tightly around the typical price.
Price per square metre in SO41 3
Per square metre, SO41 3 homes have averaged around £6,320 over the last five years of sales. The floor areas behind the figure come from Energy Performance Certificates, and the by-the-metre view is the fair comparison across home sizes.
The national median for England and Wales is £285,000, which puts SO41 3 159% above the country at large.
A typical SO41 3 home, priced year by year (1995 to 2026)
One line records the median as paid; the other restates every year in today's money via ONS CPIH, the honest measure of getting dearer. Hover for year figures, click the legend to isolate a line.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £739,500 | £739,500 | 29 |
| 2025 | £765,000 | £783,293 | 66 |
| 2024 | £802,500 | £853,222 | 54 |
| 2023 | £782,500 | £859,776 | 52 |
| 2022 | £739,000 | £866,562 | 64 |
| 2021 | £645,000 | £816,653 | 89 |
| 2020 | £675,000 | £875,826 | 60 |
| 2019 | £625,000 | £819,225 | 64 |
| 2018 | £750,000 | £999,764 | 57 |
| 2017 | £603,000 | £822,431 | 75 |
| 2016 | £534,000 | £747,071 | 84 |
| 2015 | £505,000 | £713,565 | 93 |
| 2014 | £530,000 | £751,898 | 82 |
| 2013 | £455,000 | £654,700 | 76 |
| 2012 | £500,000 | £735,938 | 51 |
| 2011 | £416,500 | £628,755 | 84 |
| 2010 | £495,000 | £776,287 | 89 |
| 2009 | £377,500 | £606,834 | 65 |
| 2008 | £380,000 | £622,900 | 60 |
| 2007 | £388,000 | £658,156 | 83 |
| 2006 | £390,000 | £676,990 | 105 |
| 2005 | £337,000 | £599,724 | 73 |
| 2004 | £325,000 | £590,263 | 80 |
| 2003 | £280,000 | £515,828 | 81 |
| 2002 | £272,500 | £512,706 | 108 |
| 2001 | £240,000 | £461,388 | 90 |
| 2000 | £199,500 | £391,519 | 73 |
| 1999 | £175,000 | £348,766 | 105 |
| 1998 | £140,000 | £282,600 | 91 |
| 1997 | £129,000 | £264,553 | 119 |
| 1996 | £117,900 | £248,646 | 106 |
| 1995 | £96,000 | £208,689 | 109 |
In cash terms the typical SO41 3 home went from £96,000 in 1995 to £739,500 in 2026, roughly 8 times the price. Adjusted for inflation it still comes to a real rise of roughly 254%, so homes here got dearer in substance, not only in cash. Measured in today's money the market peaked in 2018; the current median sits about 26% below that. Someone who bought at the 2018 peak has not yet seen that price back in real terms.
Year-on-year change in the SO41 3 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 2010 (+31.1% on the year before); the weakest, 2019 (−16.7%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
What SO41 3 has returned, per year
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −3.3% | −5.6% |
| 5 years (since 2021) | +2.8% | −2.0% |
| 10 years (since 2016) | +3.3% | −0.1% |
| 20 years (since 2006) | +3.3% | +0.4% |
The table annualises median growth over each period, with the real column deflated by ONS CPIH. Smoothing hides the cycle (see the chart above for it), and none of this forecasts: it is the record.
How many homes change hands in SO41 3
How many homes change hands
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.
SO41 3 recorded 29 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 87 sales a year before the financial crisis and 53 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.
Reading the SO41 3 market
This is a thin market: 29 sales in the last twelve months of data. With that few transactions, one street selling well (or one block of cheap transfers) can move the median, so read the year lines as a range rather than a verdict. Expect volatility in the annual figures: swings past ten per cent show up repeatedly above, and they usually reflect the mix of homes sold in a given year rather than genuine repricing. Against the SO41 district median, SO41 3 sits 48% higher, marking it as a dearer pocket of the district.
What homes rent for around SO41 3
For renting purposes SO41 3 sits in New Forest. The ONS average private rent there is £1,240 a month (May 2026). Size sets most of the rent: one-beds average £861 a month here against £1,984 for four or more bedrooms.
Average monthly rent by size, New Forest
ONS Price Index of Private Rents, May 2026.
Set against the £739,500 median sold price, £1,240 a month is £14,880 a year, a gross yield of 2.0%: gross, before letting costs, voids, maintenance and tax, so a ceiling rather than a promise. Rents are published at local-authority level, so nearby districts in the same authority share these figures.
What people ask about SO41 3 (Milford-on-Sea)
Is SO41 3 (Milford-on-Sea) a good place to buy a house?
How much did a house sell for in SO41 3 (Milford-on-Sea)?
Are property prices falling in SO41 3 (Milford-on-Sea)?
Are SO41 3 prices heading up or down?
The record answers a different question than "what happens next": the median is up 15% over five years in cash but down 9% after inflation. Put the volume chart beside the price chart before drawing conclusions, and allow for the register's lag behind actual completions.
What you could buy in SO41 now
The live side of the market holds 198 homes at the moment, listed by 7 agents publishing to HomesIndex.
These cover the whole SO41 district, not just SO41 3: live asking prices are collected per district.
39% of current listings sit under the prices comparable homes actually fetched. Every listing is measured against recent recorded sales of similar nearby homes.
- Fullerton Road, LYMINGTON, Hampshire,...
- Hordle, Lymington, Hampshire, Lymington
- Pennington, Lymington, Hampshire, Lymington
The "under comparable sales" label measures each asking price against real nearby sales of similar homes: an opening position for a conversation rather than a valuation. The home itself still needs looking at.
See every SO41 home for sale on the map →
These asking prices come live from estate agents publishing feeds to HomesIndex, refreshed each Monday and Thursday. They are a sample of the market rather than its entirety, and an asking price is not a sale price.
The price of an extra bedroom in SO
The Land Registry record, split by size: what each kind of home actually sold for across the SO area. 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%) | — |
Medians of recorded sales over the last four years, by built form and bedroom count. Sold homes carry no advertised bedroom count, so sizes are estimated from their EPC records; a small number of homes will sit one size out. Sizes with too few homes to be meaningful are left blank.
The risers and the fallers
The spread across the SO area is the point: the same five years treated these districts very differently.
Winners and losers across the SO area, five years
The districts that gained and lost most in cash terms, each row linking through to its own 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 0 | £502,800 | 64 |
| 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.
Before you sell in SO41 3: what the record supports
Ground the asking price in real sold prices first. The average prices map gives a rough value in a minute: start at SO41 3's shading and zoom to the sold homes on the street itself. Agents work from this same Land Registry record when they value; this page puts it in front of you before they arrive.
Local estate agents: one agent per district gets the featured spot on this report, free for founding agents. Claim SO41 3.
Go deeper
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about SO41 3. Free, with a one click sign in.
Two maps carry on from here: every SO41 3 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.