2, LAKELAND GARDENS, MARCHWOOD, SOUTHAMPTON, SO40 4XG - £338,000

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 LAKELAND GARDENS is a very large extended detached house of 140m², built sometime between 1976 and 1982. It was last sold for £338,000 in November 2014, which was around 13% below the average November 2014 detached price in the New Forest local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was C.

2 LAKELAND GARDENS Sold Prices

Land registry data shows two sales for 2 LAKELAND GARDENS 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 2 LAKELAND GARDENS 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
2014 26 NOV	£338,000	£387,639	13% below HPI
2002 2 SEP	£230,000	£243,954	6% below HPI

2 LAKELAND GARDENS 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 2 LAKELAND GARDENS sales from September 2002 and November 2014 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 September 2002 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the November 2014 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 2 LAKELAND GARDENS?

2 LAKELAND GARDENS is 140m², which includes one extension, according to the EPC inspection conducted in February 2013. This puts it in the largest 20% 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 LAKELAND GARDENS lies on this distribution: 82% of detached houses are smaller than 2 LAKELAND GARDENS, and 17% of houses are larger. Note that EPC data is not available for all properties in Marchwood.

2 LAKELAND GARDENS: Plot and Title Map

2 LAKELAND GARDENS sits on a plot of roughly 0.124 of an acre, or 500m². The below map shows the location of 2 LAKELAND GARDENS, 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 LAKELAND GARDENS). 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 LAKELAND GARDENS?

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