ORCHARD VIEW, PARK LANE, MARCHWOOD, SOUTHAMPTON, SO40 4WL - £480,000

ORCHARD VIEW is a very large extended detached house of 193m², built sometime between 1950 and 1966. It was last sold for £480,000 in September 2015, which was around 15% above the average September 2015 detached price in the New Forest local authority area. The most recent EPC inspection was December 2014, where the current energy rating was C, and the potential energy rating was B.

ORCHARD VIEW Sold Prices

Land registry data shows four sales for ORCHARD VIEW since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. Most of the four ORCHARD VIEW 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
2015 21 SEP	£480,000	£415,771	15% above HPI
2006 6 OCT	£245,000	£321,896	24% below HPI
2004 19 JUN	£230,000	£289,762	21% below HPI
2001 12 JAN	£149,000	£189,541	21% below HPI

ORCHARD VIEW 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 four ORCHARD VIEW sales between January 2001 and September 2015 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 October 2006 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the September 2015 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is ORCHARD VIEW?

ORCHARD VIEW is 193m², which includes two extensions, according to the EPC inspection conducted in December 2014. This puts it in the largest 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 ORCHARD VIEW lies on this distribution: 97% of detached houses are smaller than ORCHARD VIEW, and 3% of houses are larger. Note that EPC data is not available for all properties in Marchwood.

ORCHARD VIEW: Plot and Title Map

ORCHARD VIEW sits on a plot of roughly 0.124 of an acre, or 502m². The below map shows the location of ORCHARD VIEW, 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 ORCHARD VIEW). 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 ORCHARD VIEW?

ORCHARD VIEW is located on PARK LANE in MARCHWOOD, in the SO40 postcode district. The below map shows the position of ORCHARD VIEW on PARK LANE.