24, MALTHOUSE GARDENS, MARCHWOOD, SOUTHAMPTON, SO40 4XY - £300,000

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.

24 MALTHOUSE GARDENS is a very small detached house of 75m², built sometime between 1983 and 1990, which could now be worth an estimated £353,831. It was last sold for £300,000 in July 2017, which was around 39% below the average July 2017 detached price in the New Forest local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was C.

24 MALTHOUSE GARDENS Sold Prices

Land registry data shows two sales for 24 MALTHOUSE 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 24 MALTHOUSE 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
2017 27 JUL	£300,000	£493,838	39% below HPI
2014 28 NOV	£240,000	£409,441	41% below HPI

24 MALTHOUSE 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 24 MALTHOUSE GARDENS sales from November 2014 and July 2017 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 2014 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the July 2017 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 24 MALTHOUSE GARDENS be worth now?

24 MALTHOUSE GARDENS might now be worth an estimated £353,831.

This is based on house price inflation of 17.9%, between July 2017 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 17.9% inflationary increase is applied to the most recent sale price for 24 MALTHOUSE GARDENS of £300,000 on 27th July 2017. For the value to have increased from £300,000 to £353,831 over the eight years and five months to February 2025, the following assumptions must hold true:

• The value of 24 MALTHOUSE GARDENS has moved in line with the HPI for detached houses in the New Forest local authority area.
• The July 2017 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 24 MALTHOUSE GARDENS has not materially changed since July 2017.

How Large is 24 MALTHOUSE GARDENS?

24 MALTHOUSE GARDENS is 75m² according to the EPC inspection conducted in August 2014. 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 24 MALTHOUSE GARDENS lies on this distribution: 6% of detached houses houses are smaller than 24 MALTHOUSE GARDENS, and 93% of houses are larger. Note that EPC data is not available for all properties in Marchwood.

24 MALTHOUSE GARDENS: Plot and Title Map

24 MALTHOUSE GARDENS sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 24 MALTHOUSE 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 24 MALTHOUSE 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 24 MALTHOUSE GARDENS?

24 MALTHOUSE GARDENS is located in MARCHWOOD, in the SO40 postcode district. The below map shows the position of No. 24 on MALTHOUSE GARDENS.