2, RIPPLEWOOD, MARCHWOOD, SOUTHAMPTON, SO40 4SH - £349,000

2 RIPPLEWOOD is a small extended detached house of 95m², built sometime between 1983 and 1990. It was last sold for £349,000 in January 2020, which was around 27% below the average January 2020 detached price in the New Forest local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was C.

2 RIPPLEWOOD Sold Prices

Land registry data shows two sales for 2 RIPPLEWOOD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. Both of the two 2 RIPPLEWOOD sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 3 JAN	£349,000	£476,691	27% below HPI
2017 3 MAR	£335,000	£455,304	26% below HPI

2 RIPPLEWOOD Price Paid vs. HPI Average

The below graph shows the average detached house price in the New Forest local authority area over time, sourced from the HPI. The two 2 RIPPLEWOOD sales from March 2017 and January 2020 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the March 2017 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the January 2020 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 2 RIPPLEWOOD?

2 RIPPLEWOOD is 95m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the smallest 30% of detached houses in Marchwood, based on EPC data. The below chart shows the distribution of detached houses by size in Marchwood, and where 2 RIPPLEWOOD lies on this distribution: 30% of detached houses are smaller than 2 RIPPLEWOOD, and 69% of houses are larger. Note that EPC data is not available for all properties in Marchwood.

2 RIPPLEWOOD: Plot and Title Map

2 RIPPLEWOOD sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 2 RIPPLEWOOD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 2 RIPPLEWOOD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 2 RIPPLEWOOD?

2 RIPPLEWOOD is located in MARCHWOOD, in the SO40 postcode district. The below map shows the position of No. 2 on RIPPLEWOOD.