Considering the need for renovation, the list price of £329,950 seems reasonably competitive but not exceptionally good value. While nearby properties offer a range of prices, this property’s relatively low square footage suggests a price that is in line with, but not significantly below, comparable properties needing similar levels of work. The absence of accurate square footage data for nearby properties slightly limits the precision of this assessment.

The property requires significant modernisation and renovation. The provided photos show dated interiors, worn carpets and flooring, and some evidence of potential disrepair. While structurally sound, the property needs extensive work to bring it up to modern standards.

Pennington is a desirable village in the New Forest, known for its local amenities, schools, and proximity to Lymington. The proximity to good schools (Pennington Infant School rated ‘Good’ by Ofsted, for example) and its relatively close distance to Lymington Town (a larger town with more comprehensive amenities) makes it an attractive location for families. However, it’s a smaller village, so the range of amenities is limited compared to larger towns.

The property has a garden, which is a positive aspect. The size appears modest based on the photos, but it is not quantifiable due to missing plot size information. This is above average for a property of this type in the area but not exceptional. The presence of established trees adds some value, but overall it’s a standard-sized garden for the location.