18, PHILPOTT DRIVE, MARCHWOOD, SOUTHAMPTON, SO40 4XZ - £485,000

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.

18 PHILPOTT DRIVE is a midsized extended detached house of 103m², built sometime between 1983 and 1990, which could now be worth an estimated £455,856. It was last sold for £485,000 in June 2022, which was around 22% below the average June 2022 detached price in the New Forest local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was C.

18 PHILPOTT DRIVE Sold Prices

Land registry data shows three sales for 18 PHILPOTT DRIVE 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 18 PHILPOTT 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
2022 23 JUN	£485,000	£619,687	22% below HPI
2012 27 JUL	£245,000	£364,633	33% below HPI
2000 26 MAY	£144,950	£180,267	20% below HPI

18 PHILPOTT 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 three 18 PHILPOTT DRIVE sales between May 2000 and June 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 July 2012 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the June 2022 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 18 PHILPOTT DRIVE be worth now?

18 PHILPOTT DRIVE might now be worth an estimated £455,856.

This is based on house price deflation of 6%, between June 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 6% deflationary decrease is applied to the most recent sale price for 18 PHILPOTT DRIVE of £485,000 on 23rd June 2022. For the value to have decreased from £485,000 to £455,856 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 18 PHILPOTT DRIVE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The June 2022 sale price of £485,000 represented a fair market value for the property.
• The size, condition, and specification of 18 PHILPOTT DRIVE has not materially changed since June 2022.

How Large is 18 PHILPOTT DRIVE?

18 PHILPOTT DRIVE is 103m², which includes one extension, according to the EPC inspection conducted in March 2012. This puts it in the smallest 50% 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 18 PHILPOTT DRIVE lies on this distribution: 43% of detached houses houses are smaller than 18 PHILPOTT DRIVE, and 57% of houses are larger. Note that EPC data is not available for all properties in Marchwood.

18 PHILPOTT DRIVE: Plot and Title Map

18 PHILPOTT DRIVE sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 18 PHILPOTT 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 PHILPOTT 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 PHILPOTT DRIVE?

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