AVENAIR, TAVELLS LANE, MARCHWOOD, SOUTHAMPTON, SO40 4WH - £340,000

AVENAIR is a very small detached house of 73m², built sometime between 1950 and 1966. It was last sold for £340,000 in June 2016, which was around 22% below the average June 2016 detached price in the New Forest local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

AVENAIR Sold Prices

Land registry data shows two sales for AVENAIR 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 AVENAIR 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
2016 10 JUN	£340,000	£433,420	22% below HPI
1998 9 MAR	£115,000	£129,212	11% below HPI

AVENAIR 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 AVENAIR sales from March 1998 and June 2016 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 1998 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the June 2016 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is AVENAIR?

AVENAIR is 73m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 10% of detached houses in Marchwood, based on EPC data. The below chart shows the distribution of detached houses by size in Marchwood, and where AVENAIR lies on this distribution: 4% of detached houses are smaller than AVENAIR, and 95% of houses are larger. Note that EPC data is not available for all properties in Marchwood.

AVENAIR: Plot and Title Map

AVENAIR sits on a plot of roughly 0.162 of an acre, or 654m². The below map shows the location of AVENAIR, 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 AVENAIR). 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 AVENAIR?

AVENAIR is located on TAVELLS LANE in MARCHWOOD, in the SO40 postcode district. The below map shows the position of AVENAIR on TAVELLS LANE.