16, ALDER CLOSE, MARCHWOOD, SOUTHAMPTON, SO40 4YS - £335,000

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.

16 ALDER CLOSE is a very small detached house of 85m², built sometime between 1976 and 1982, which could now be worth an estimated £317,194. It was last sold for £335,000 in May 2022, which was around 46% below the average May 2022 detached price in the New Forest local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

16 ALDER CLOSE Sold Prices

Land registry data shows two sales for 16 ALDER 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 16 ALDER 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
2022 12 MAY	£335,000	£615,146	46% below HPI
1996 23 SEP	£67,500	£110,771	39% below HPI

16 ALDER 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 16 ALDER CLOSE sales from September 1996 and May 2022 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 September 1996 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the May 2022 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might 16 ALDER CLOSE be worth now?

16 ALDER CLOSE might now be worth an estimated £317,194.

This is based on house price deflation of 5.3%, between May 2022 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 5.3% deflationary decrease is applied to the most recent sale price for 16 ALDER CLOSE of £335,000 on 12th May 2022. For the value to have decreased from £335,000 to £317,194 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 16 ALDER CLOSE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The May 2022 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 16 ALDER CLOSE has not materially changed since May 2022.

How Large is 16 ALDER CLOSE?

16 ALDER CLOSE is 85m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 20% 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 16 ALDER CLOSE lies on this distribution: 18% of detached houses houses are smaller than 16 ALDER CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Marchwood.

16 ALDER CLOSE: Plot and Title Map

16 ALDER CLOSE sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 16 ALDER 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 16 ALDER 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 16 ALDER CLOSE?

16 ALDER CLOSE is located in MARCHWOOD, in the SO40 postcode district. The below map shows the position of No. 16 on ALDER CLOSE.