18, LARKSPUR DRIVE, MARCHWOOD, SOUTHAMPTON, SO40 4JX - £280,000

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

18 LARKSPUR DRIVE is a very small semi-detached house of 73m², built sometime between 1983 and 1990. It was last sold for £280,000 in February 2021, which was around 45% below the average February 2021 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.

18 LARKSPUR DRIVE Sold Prices

Land registry data shows four sales for 18 LARKSPUR DRIVE 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. All of the four 18 LARKSPUR DRIVE 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
2021 22 FEB	£280,000	£506,996	45% below HPI
2013 2 APR	£195,000	£350,831	44% below HPI
2009 9 APR	£170,000	£289,288	41% below HPI
2001 12 JAN	£107,500	£189,541	43% below HPI

18 LARKSPUR DRIVE 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 18 LARKSPUR DRIVE sales between January 2001 and February 2021 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 April 2013 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the February 2021 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 18 LARKSPUR DRIVE?

18 LARKSPUR DRIVE is 73m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 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 18 LARKSPUR DRIVE lies on this distribution: 4% of detached houses are smaller than 18 LARKSPUR DRIVE, and 95% of houses are larger. Note that EPC data is not available for all properties in Marchwood.

18 LARKSPUR DRIVE: Plot and Title Map

18 LARKSPUR DRIVE sits on a plot of roughly 0.051 of an acre, or 205m². The below map shows the location of 18 LARKSPUR DRIVE, 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 18 LARKSPUR DRIVE). 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 18 LARKSPUR DRIVE?

18 LARKSPUR DRIVE is located in MARCHWOOD, in the SO40 postcode district. The below map shows the position of No. 18 on LARKSPUR DRIVE.