2, FROME CLOSE, MARCHWOOD, SOUTHAMPTON, SO40 4SL - £240,000

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

2 FROME CLOSE is a small detached house of 92m², built sometime between 1983 and 1990. It was last sold for £240,000 in August 2006, which was around 24% below the average August 2006 detached price in the New Forest local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was D.

2 FROME CLOSE Sold Prices

Land registry data shows three sales for 2 FROME CLOSE 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 2 FROME 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
2006 11 AUG	£240,000	£316,848	24% below HPI
2000 3 NOV	£145,000	£186,866	22% below HPI
1998 17 JUL	£97,950	£132,207	26% below HPI

2 FROME 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 three 2 FROME CLOSE sales between July 1998 and August 2006 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 November 2000 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the August 2006 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 2 FROME CLOSE?

2 FROME CLOSE is 92m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 30% of detached houses in Marchwood, based on EPC data. The below chart shows the distribution of detached houses by size in Marchwood, and where 2 FROME CLOSE lies on this distribution: 25% of detached houses are smaller than 2 FROME CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Marchwood.

2 FROME CLOSE: Plot and Title Map

2 FROME CLOSE sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 2 FROME 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 2 FROME 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 2 FROME CLOSE?

2 FROME CLOSE is located in MARCHWOOD, in the SO40 postcode district. The below map shows the position of No. 2 on FROME CLOSE.