15, CRANBERRY CLOSE, MARCHWOOD, SOUTHAMPTON, SO40 4YT - £295,000

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

15 CRANBERRY CLOSE is a midsized extended detached house of 101m², built sometime between 1983 and 1990. It was last sold for £295,000 in February 2016, which was around 32% below the average February 2016 detached price in the New Forest local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

15 CRANBERRY CLOSE Sold Prices

Land registry data shows three sales for 15 CRANBERRY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. All of the three 15 CRANBERRY 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
2016 17 FEB	£295,000	£431,181	32% below HPI
2006 11 AUG	£229,950	£316,848	27% below HPI
2002 30 MAY	£166,000	£214,982	23% below HPI

15 CRANBERRY 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 three 15 CRANBERRY CLOSE sales between May 2002 and February 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 August 2006 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the February 2016 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 15 CRANBERRY CLOSE?

15 CRANBERRY CLOSE is 101m², which includes one extension, according to the EPC inspection conducted in July 2015. 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 15 CRANBERRY CLOSE lies on this distribution: 41% of detached houses are smaller than 15 CRANBERRY CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Marchwood.

15 CRANBERRY CLOSE: Plot and Title Map

15 CRANBERRY CLOSE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 15 CRANBERRY 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 15 CRANBERRY 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 15 CRANBERRY CLOSE?

15 CRANBERRY CLOSE is located in MARCHWOOD, in the SO40 postcode district. The below map shows the position of No. 15 on CRANBERRY CLOSE.