2, MARITIME AVENUE, MARCHWOOD, SOUTHAMPTON, SO40 4AW - £460,000

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 MARITIME AVENUE is a large extended detached house of 117m², built sometime between 1996 and 2002. It was last sold for £460,000 in October 2020, which was around 7% below the average October 2020 detached price in the New Forest local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

2 MARITIME AVENUE Sold Prices

Land registry data shows four sales for 2 MARITIME AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. two of the four 2 MARITIME AVENUE sales were for below the average price, and four were for above 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
2020 9 OCT	£460,000	£496,775	7% below HPI
2011 21 FEB	£309,000	£341,225	9% below HPI
2002 27 MAR	£224,950	£206,434	9% above HPI
2000 31 OCT	£195,000	£188,071	4% above HPI

2 MARITIME AVENUE 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 four 2 MARITIME AVENUE sales between October 2000 and October 2020 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 February 2011 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the October 2020 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 2 MARITIME AVENUE?

2 MARITIME AVENUE is 117m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the largest 40% 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 MARITIME AVENUE lies on this distribution: 64% of detached houses are smaller than 2 MARITIME AVENUE, and 35% of houses are larger. Note that EPC data is not available for all properties in Marchwood.

2 MARITIME AVENUE: Plot and Title Map

2 MARITIME AVENUE sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of 2 MARITIME AVENUE, 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 MARITIME AVENUE). 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 MARITIME AVENUE?

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