10, PARK CLOSE, MARCHWOOD, SOUTHAMPTON, SO40 4PD - £295,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

10 PARK CLOSE is a very small detached house of 77m², built sometime between 1996 and 2002, which could now be worth an estimated £337,197. It was last sold for £295,000 in November 2018, which was around 42% below the average November 2018 detached price in the New Forest local authority area. The most recent EPC inspection was February 2024, where the current energy rating was D, and the potential energy rating was B.

10 PARK CLOSE Sold Prices

Land registry data shows two sales for 10 PARK 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 10 PARK 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
2018 22 NOV	£295,000	£509,562	42% below HPI
2000 30 AUG	£130,000	£193,635	33% below HPI

10 PARK 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 10 PARK CLOSE sales from August 2000 and November 2018 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 August 2000 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the November 2018 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 10 PARK CLOSE be worth now?

10 PARK CLOSE might now be worth an estimated £337,197.

This is based on house price inflation of 14.3%, between November 2018 and February 2025, for detached houses, in the New Forest local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.3% inflationary increase is applied to the most recent sale price for 10 PARK CLOSE of £295,000 on 22nd November 2018. For the value to have increased from £295,000 to £337,197 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 10 PARK CLOSE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The November 2018 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 10 PARK CLOSE has not materially changed since November 2018.

How Large is 10 PARK CLOSE?

10 PARK CLOSE is 77m² according to the EPC inspection conducted in February 2024. This puts it in the smallest 10% of detached houses houses in Marchwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Marchwood, and where 10 PARK CLOSE lies on this distribution: 10% of detached houses houses are smaller than 10 PARK CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Marchwood.

10 PARK CLOSE: Plot and Title Map

10 PARK CLOSE sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 10 PARK 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 10 PARK 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 10 PARK CLOSE?

10 PARK CLOSE is located in MARCHWOOD, in the SO40 postcode district. The below map shows the position of No. 10 on PARK CLOSE.