Houses for sale in Lower Pennington, SO41, Hampshire

There are 49 results for Lower Pennington, SO41, Hampshire. Property prices across these results range from £60k to £1.94M with an average price of £594k.


Properties for sale in Lower Pennington, SO41, Hampshire

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Properties for sale near Lower Pennington, SO41

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Property market around Lower Pennington

Average asking price £553k within 3 km · typical £450k
Most prices £95k – £1.97M within 3 km
Homes for sale 1 in Lower Pennington · 163 within 3 km
New to the market 67 in the last 30 days · within 3 km
Typical time to sell 4 months last 12 months · within 3 km
Asking prices, year on year −3.0% homes newly listed · within 3 km
Typical sold price £480k 319 sales in 12 months · within 3 km
Gross rental yield 4.1–6.8% houses 4.1%, flats 6.8% · within 3 km

What's for sale

163 homes within 3 km of Lower Pennington · share, count and typical price
Flats and apartments 28.8% 47 · £207k
Detached houses 22.7% 37 · £925k
Terraced houses 17.8% 29 · £500k
Bungalows 10.4% 17 · £575k
Semi-detached houses 9.8% 16 · £535k
Other homes 7.4% 12 · £260k
Park and mobile homes 2.5% 4 · £203k
Land and plots 0.6% 1 · £400k

How many bedrooms

within 3 km of Lower Pennington · share, count and typical price
1 bedroom 17.3% 28 · £143k
2 bedrooms 37.7% 61 · £325k
3 bedrooms 24.1% 39 · £625k
4 bedrooms 16.7% 27 · £800k
5+ bedrooms 4.3% 7 · £1.38M

Price bands

163 homes within 3 km of Lower Pennington
Under £230k 19.6% 32
£230k – £360k 19.6% 32
£360k – £510k 19.6% 32
£510k – £820k 20.9% 34
£820k and over 20.2% 33

Houses and flats compared

HousesFlats
Share of homes for sale61%29%
Typical asking price£600k£207k
Average bedrooms3.11.6
Typical time to sell4 months4 months
Typical sold price£554k£265k
Gross rental yield4.1%6.8%

Asking prices over time

typical asking price of the homes first listed each quarter within 3 km of Lower Pennington · +15.6% since 2024 Q4 Median asking price per quarter in Lower Pennington 2024 Q4: £433k (182 new listings) £433k 2024 Q4 2025 Q1: £545k (285 new listings) £545k 2025 Q1 2025 Q2: £500k (318 new listings) £500k 2025 Q2 2025 Q3: £549k (215 new listings) £549k 2025 Q3 2025 Q4: £475k (153 new listings) £475k 2025 Q4 2026 Q1: £465k (237 new listings) £465k 2026 Q1 2026 Q2: £488k (294 new listings) £488k 2026 Q2 2026 Q3: £500k (222 new listings) £500k 2026 Q3

Prices in and around Lower Pennington

typical asking price, cheapest first
  1. Pennington £435k
  2. Norton £487k

Based on 163 homes for sale on Houses now, 955 listings that left the market in the last 12 months, the asking prices of the homes listed over the last two years. Sold prices: HM Land Registry Price Paid Data, Aug 2025 to Jul 2026 (Crown copyright). Schools: Ofsted. Updated October 2026.

Frequently asked questions about buying in Lower Pennington

What is the average house price in Lower Pennington?

There is only 1 home for sale in Lower Pennington itself, so these figures cover the 163 homes for sale within 3 km. The average home for sale within 3 km of Lower Pennington is priced at £553,000. A few very expensive homes pull that average up, so a more typical price is £450,000.

How much does a 2 or 3 bedroom home cost in Lower Pennington?

A typical 2-bedroom home within 3 km of Lower Pennington costs £325,000 and a 3-bedroom home £625,000. So the extra bedroom adds about £300,000. 1-bedroom homes start at around £143,000, and 4-bedroom homes are about £800,000.

What price range should I expect in Lower Pennington?

Most homes within 3 km of Lower Pennington are priced between £95,000 and £1.97 million, leaving out the very cheapest and most expensive. One in five costs less than £230,000, and one in five £820,000 or more.

How many homes are for sale in Lower Pennington?

There is 1 home for sale in Lower Pennington on Houses right now. Within 3 km there are 163, and the listings on this page include the nearest of them. 67 new listings came onto the market within 3 km in the last 30 days.

Are house prices going up in Lower Pennington?

Slightly down. Homes put up for sale within 3 km of Lower Pennington over the last 12 months were advertised at a typical £485,000, 3% lower than the year before (£500,000). By size, 1-bedroom homes are up 10%, 3-bedroom homes are up 9% and 4-bedroom homes are up 6%.

How long does it take to sell a home in Lower Pennington?

Within 3 km of Lower Pennington, homes usually sell or come off the market within about 4 months. About 18% go within the first month, and a quarter take longer than about 8 months.

What do homes actually sell for in Lower Pennington?

In the year to July 2026, 319 homes sold within 3 km of Lower Pennington at a typical price of £480,000, according to HM Land Registry. Houses sold for about £554,000 and flats for about £265,000.

What rental yield can I get in Lower Pennington?

About 6.8% gross for flats and 4.1% for houses. That compares typical rents with what flats and houses actually sold for within 3 km of Lower Pennington over the last year. Running costs, voids and mortgage interest are not taken off.

What type of homes are for sale in Lower Pennington?

Flats and apartments are the most common, about 3 in 10 homes for sale within 3 km of Lower Pennington. Detached houses come next, followed by terraced houses. Flats and apartments are the cheapest, at about £207,000, and detached houses the most expensive, at about £925,000.

Where are the cheapest places to buy near Lower Pennington?

Of the areas around Lower Pennington, Pennington is the cheapest, with a typical asking price of £435,000, followed by Norton (£487,000).

Are homes in Lower Pennington freehold or leasehold?

About 6 in 10 homes for sale within 3 km of Lower Pennington are freehold and the rest leasehold, which is mostly flats. There are 10 new-build homes on the market too.

Which train stations are in or near Lower Pennington?

Lower Pennington has no station of its own. The nearest are Lymington Town and Lymington Pier.