18, SPINDLEWOOD WAY, MARCHWOOD, SOUTHAMPTON, SO40 4JZ - £432,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

18 SPINDLEWOOD WAY is a large detached house of 115m², built sometime between 1991 and 1995, which could now be worth an estimated £474,131. It was last sold for £432,500 in April 2021, which was around 19% below the average April 2021 detached price in the New Forest local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.

18 SPINDLEWOOD WAY Sold Prices

Land registry data shows three sales for 18 SPINDLEWOOD WAY 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 SPINDLEWOOD WAY 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 APR	£432,500	£531,308	19% below HPI
2005 29 JUL	£279,950	£319,560	12% below HPI
1996 29 NOV	£112,950	£114,648	1% below HPI

18 SPINDLEWOOD WAY 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 SPINDLEWOOD WAY sales between November 1996 and April 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 July 2005 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the April 2021 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 18 SPINDLEWOOD WAY be worth now?

18 SPINDLEWOOD WAY might now be worth an estimated £474,131.

This is based on house price inflation of 9.6%, between April 2021 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 9.6% inflationary increase is applied to the most recent sale price for 18 SPINDLEWOOD WAY of £432,500 on 22nd April 2021. For the value to have increased from £432,500 to £474,131 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of 18 SPINDLEWOOD WAY has moved in line with the HPI for detached houses in the New Forest local authority area.
• The April 2021 sale price of £432,500 represented a fair market value for the property.
• The size, condition, and specification of 18 SPINDLEWOOD WAY has not materially changed since April 2021.

How Large is 18 SPINDLEWOOD WAY?

18 SPINDLEWOOD WAY is 115m² according to the EPC inspection conducted in July 2014. This puts it in the largest 40% 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 SPINDLEWOOD WAY lies on this distribution: 60% of detached houses houses are smaller than 18 SPINDLEWOOD WAY, and 39% of houses are larger. Note that EPC data is not available for all properties in Marchwood.

18 SPINDLEWOOD WAY: Plot and Title Map

18 SPINDLEWOOD WAY sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 18 SPINDLEWOOD WAY, 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 SPINDLEWOOD WAY). 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 SPINDLEWOOD WAY?

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