19, REED DRIVE, MARCHWOOD, SOUTHAMPTON, SO40 4YF - £116,000

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.

19 REED DRIVE is a very small extended detached house of 73m², built sometime between 1983 and 1990, which could now be worth an estimated £305,636. It was last sold for £116,000 in November 2001, which was around 48% below the average November 2001 detached price in the New Forest local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

19 REED DRIVE Sold Prices

Land registry data shows two sales for 19 REED DRIVE 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 19 REED 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
2001 30 NOV	£116,000	£221,061	48% below HPI
1997 2 MAY	£67,950	£120,073	43% below HPI

19 REED 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 two 19 REED DRIVE sales from May 1997 and November 2001 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 May 1997 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the November 2001 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

What might 19 REED DRIVE be worth now?

19 REED DRIVE might now be worth an estimated £305,636.

This is based on house price inflation of 163.5%, between November 2001 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 163.5% inflationary increase is applied to the most recent sale price for 19 REED DRIVE of £116,000 on 30th November 2001. For the value to have increased from £116,000 to £305,636 over the 24 years and nine months to February 2025, the following assumptions must hold true:

• The value of 19 REED DRIVE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The November 2001 sale price of £116,000 represented a fair market value for the property.
• The size, condition, and specification of 19 REED DRIVE has not materially changed since November 2001.

How Large is 19 REED DRIVE?

19 REED DRIVE is 73m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 10% 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 19 REED DRIVE lies on this distribution: 4% of detached houses houses are smaller than 19 REED DRIVE, and 95% of houses are larger. Note that EPC data is not available for all properties in Marchwood.

19 REED DRIVE: Plot and Title Map

19 REED DRIVE sits on a plot of roughly 0.047 of an acre, or 190m². The below map shows the location of 19 REED 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 19 REED 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 19 REED DRIVE?

19 REED DRIVE is located in MARCHWOOD, in the SO40 postcode district. The below map shows the position of No. 19 on REED DRIVE.