2, SHOREFIELD ROAD, MARCHWOOD, SOUTHAMPTON, SO40 4SR - £335,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 SHOREFIELD ROAD is a small detached house of 94m², built sometime between 1976 and 1982. It was last sold for £335,000 in May 2018, which was around 30% below the average May 2018 detached price in the New Forest local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was B.

2 SHOREFIELD ROAD Sold Prices

Land registry data shows four sales for 2 SHOREFIELD ROAD 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. All of the four 2 SHOREFIELD ROAD 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
2018 18 MAY	£335,000	£480,412	30% below HPI
2004 30 APR	£210,000	£288,626	27% below HPI
1998 16 JAN	£90,000	£128,842	30% below HPI
1996 21 JUN	£81,500	£102,004	20% below HPI

2 SHOREFIELD ROAD 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 SHOREFIELD ROAD sales between June 1996 and May 2018 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 April 2004 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the May 2018 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 2 SHOREFIELD ROAD?

2 SHOREFIELD ROAD is 94m² according to the EPC inspection conducted in May 2017. 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 SHOREFIELD ROAD lies on this distribution: 27% of detached houses are smaller than 2 SHOREFIELD ROAD, and 71% of houses are larger. Note that EPC data is not available for all properties in Marchwood.

2 SHOREFIELD ROAD: Plot and Title Map

2 SHOREFIELD ROAD sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 2 SHOREFIELD ROAD, 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 SHOREFIELD ROAD). 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 SHOREFIELD ROAD?

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