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Milford-on-Sea market report SO41 8, Lymington
The standing SO41 8 (Milford-on-Sea) property market report, rebuilt from the full public record every month. Everything below comes from 3,952 sales recorded by HM Land Registry in SO41 8 (Lymington) since 1995, real completion prices from real purchases, alongside the ONS's current rent figures. No valuations, no estimates, no asking prices.
Covers registered sales to 2026 and ONS rents for May 2026. Refreshed monthly as new sales reach the register.
In short: the 2026 median for SO41 8 (Lymington) is £410,000, from 37 registered sales, down 15% on five years earlier; the mean is £465,000, and by floor area homes here have averaged about £5,050 per square metre over the last five years. Behind the figures sit 3,952 HM Land Registry entries going back to 1995, refreshed monthly, every one a completed sale rather than a valuation or an asking price.
SO41 8 is a postcode sector: one group of streets inside SO41 (Lymington). This is as local as the public record gets, but sector medians move on fewer sales than a district's, so expect the lines to be lumpier.
Where SO41 8 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 8 homes really sell for
Across 37 registered 2026 sales, the typical (median) SO41 8 home went for £410,000. The mean is £465,000, a little above it, the familiar pattern where pricier homes stretch the average.
What a square metre costs in SO41 8
The last five years of sales put SO41 8 at roughly £5,050 per square metre. That figure, built from each sale's Energy Performance Certificate floor area, is the one that makes a small flat and a big house comparable.
Against a national (England and Wales) median of £285,000, SO41 8 runs 44% above it.
The price of a typical SO41 8 home, 1995 to 2026
Two lines: the median in the money of its day, and the same years restated by ONS CPIH into today's money, which is the truer test of getting dearer. Hover for exact figures; click a legend entry to isolate a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £410,000 | £410,000 | 37 |
| 2025 | £380,000 | £389,087 | 76 |
| 2024 | £531,000 | £564,562 | 95 |
| 2023 | £502,500 | £552,125 | 62 |
| 2022 | £565,000 | £662,527 | 95 |
| 2021 | £485,000 | £614,073 | 145 |
| 2020 | £447,500 | £580,640 | 108 |
| 2019 | £406,200 | £532,431 | 90 |
| 2018 | £410,000 | £546,538 | 90 |
| 2017 | £378,000 | £515,554 | 129 |
| 2016 | £365,000 | £510,639 | 134 |
| 2015 | £331,400 | £468,268 | 133 |
| 2014 | £348,200 | £493,983 | 128 |
| 2013 | £290,000 | £417,281 | 124 |
| 2012 | £285,000 | £419,484 | 93 |
| 2011 | £293,100 | £442,468 | 90 |
| 2010 | £272,000 | £426,566 | 115 |
| 2009 | £290,000 | £466,177 | 114 |
| 2008 | £300,000 | £491,763 | 90 |
| 2007 | £292,500 | £496,161 | 175 |
| 2006 | £277,500 | £481,705 | 173 |
| 2005 | £250,000 | £444,899 | 137 |
| 2004 | £250,000 | £454,049 | 149 |
| 2003 | £220,000 | £405,293 | 135 |
| 2002 | £178,500 | £335,846 | 175 |
| 2001 | £158,000 | £303,747 | 161 |
| 2000 | £154,000 | £302,225 | 128 |
| 1999 | £112,000 | £223,210 | 164 |
| 1998 | £107,000 | £215,987 | 133 |
| 1997 | £90,200 | £184,982 | 182 |
| 1996 | £85,000 | £179,261 | 167 |
| 1995 | £77,500 | £168,473 | 125 |
In cash terms the typical SO41 8 home went from £77,500 in 1995 to £410,000 in 2026, roughly 5 times the price. Inflation explains only part of it: in today's money the rise is still about 143%, a genuine increase in what a home here costs. Measured in today's money the market peaked in 2022; the current median sits about 38% below that. Someone who bought at the 2022 peak has not yet seen that price back in real terms.
Year-on-year change in the SO41 8 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 2000 (+37.5% on the year before); the weakest, 2025 (−28.4%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Annualised returns
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | +7.9% | +5.4% |
| 5 years (since 2021) | −3.3% | −7.8% |
| 10 years (since 2016) | +1.2% | −2.2% |
| 20 years (since 2006) | +2.0% | −0.8% |
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.
Transaction volumes
The year-by-year sales count
Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.
The register shows 37 SO41 8 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 154 sales a year before the financial crisis and 73 a year over the last five. Price without volume misleads: a median built on few sales jumps around, and one street can tilt it. Keep in mind too that the latest year is still filling in, since sales reach the register weeks or months after completion.
The shape of the SO41 8 market
Only 37 sales completed here in the last twelve months of data, which makes SO41 8 a thin market. Each figure rests on few transactions, so single streets can swing the median and the charts deserve a sceptical squint. 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. Against the SO41 district median, SO41 8 sits 18% lower, marking it as a cheaper pocket of the district.
Rents around SO41 8
For renting purposes SO41 8 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 £410,000 median sold price, £1,240 a month is £14,880 a year, a gross yield of 3.6%: 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.
Common questions on SO41 8 (Milford-on-Sea)
How much did a house sell for in SO41 8 (Milford-on-Sea)?
Are property prices falling in SO41 8 (Milford-on-Sea)?
Is SO41 8 (Milford-on-Sea) a good place to buy a house?
Are SO41 8 prices heading up or down?
The record answers a different question than "what happens next": the median is down 15% over five years in cash but down 33% after inflation. Put the volume chart beside the price chart before drawing conclusions, and allow for the register's lag behind actual completions.
SO41's current homes for sale
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 8: 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 →
Refreshed every Monday and Thursday from agents' own feeds to HomesIndex, so a sample of the market rather than all of it. An asking price remains an ask, not a sale.
What another bedroom costs 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%) | — |
Built from the last four years of recorded sales by form and bedroom count. Bedroom counts are estimated from EPC records (the register carries none), so expect a small number of homes one size adrift. Where too few homes exist to say anything meaningful, the cell is 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
Sector boundaries hide real price steps. The rest of SO41, one report each:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| SO41 0 | £502,800 | 64 |
| SO41 3 | £739,500 | 29 |
| SO41 5 | £845,000 | 5 |
| SO41 6 | £580,000 | 26 |
| 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 8: 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 8'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.
Estate agents working SO41 8: the featured spot on this report is free for founding agents, one per district. Claim SO41 8.
Keep digging
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about SO41 8. Free, with a one click sign in.
See every individual SO41 8 sale on the live map, mapped to the exact address, or zoom the average prices map from neighbourhood shading down to single homes. The report tool writes a custom answer to a specific question, and the mortgage and rent calculator on any sale runs the numbers on a real purchase.
Method, briefly: HM Land Registry Price Paid Data (Crown copyright, OGL v3.0) supplies every sale, geocoded to address level; CPIH from the ONS restates prices in today's money; ONS local-authority figures supply the rents. Medians of real sales, not valuations. No part of this page is financial advice.