1, MELICK CLOSE, MARCHWOOD, SOUTHAMPTON, SO40 4YJ - £269,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 MELICK CLOSE is a midsized detached house of 107m², built sometime between 1976 and 1982. It was last sold for £269,000 in January 2011, which was around 21% below the average January 2011 detached price in the New Forest local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was C.

1 MELICK CLOSE Sold Prices

Land registry data shows two sales for 1 MELICK CLOSE 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 1 MELICK CLOSE 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
2011 21 JAN	£269,000	£339,016	21% below HPI
1997 28 NOV	£108,000	£130,004	17% below HPI

1 MELICK CLOSE 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 1 MELICK CLOSE sales from November 1997 and January 2011 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 November 1997 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the January 2011 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 1 MELICK CLOSE?

1 MELICK CLOSE is 107m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 50% of detached houses in Marchwood, based on EPC data. The below chart shows the distribution of detached houses by size in Marchwood, and where 1 MELICK CLOSE lies on this distribution: 50% of detached houses are smaller than 1 MELICK CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in Marchwood.

1 MELICK CLOSE: Plot and Title Map

1 MELICK CLOSE sits on a plot of roughly 0.103 of an acre, or 417m². The below map shows the location of 1 MELICK CLOSE, 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 1 MELICK CLOSE). 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 1 MELICK CLOSE?

1 MELICK CLOSE is located in MARCHWOOD, in the SO40 postcode district. The below map shows the position of No. 1 on MELICK CLOSE.