24, SPINDLEWOOD WAY, MARCHWOOD, SOUTHAMPTON, SO40 4JZ - £450,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

24 SPINDLEWOOD WAY is a large extended detached house of 128m², built sometime between 1983 and 1990, which could now be worth an estimated £513,908. It was last sold for £450,000 in July 2018, which was around 12% below the average July 2018 detached price in the New Forest local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was B.

24 SPINDLEWOOD WAY Sold Prices

Land registry data shows two sales for 24 SPINDLEWOOD WAY 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. One of the two 24 SPINDLEWOOD WAY sales was for below the average price, whilst the other was 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
2018 6 JUL	£450,000	£510,018	12% below HPI
1997 14 FEB	£117,500	£114,078	3% above HPI

24 SPINDLEWOOD WAY 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 SPINDLEWOOD WAY sales from February 1997 and July 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 February 1997 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the July 2018 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 24 SPINDLEWOOD WAY be worth now?

24 SPINDLEWOOD WAY might now be worth an estimated £513,908.

This is based on house price inflation of 14.2%, between July 2018 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 14.2% inflationary increase is applied to the most recent sale price for 24 SPINDLEWOOD WAY of £450,000 on 6th July 2018. For the value to have increased from £450,000 to £513,908 over the seven years and five months to February 2025, the following assumptions must hold true:

• The value of 24 SPINDLEWOOD WAY has moved in line with the HPI for detached houses in the New Forest local authority area.
• The July 2018 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 24 SPINDLEWOOD WAY has not materially changed since July 2018.

How Large is 24 SPINDLEWOOD WAY?

24 SPINDLEWOOD WAY is 128m², which includes two extensions, according to the EPC inspection conducted in September 2017. This puts it in the largest 30% 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 SPINDLEWOOD WAY lies on this distribution: 74% of detached houses houses are smaller than 24 SPINDLEWOOD WAY, and 24% of houses are larger. Note that EPC data is not available for all properties in Marchwood.

24 SPINDLEWOOD WAY: Plot and Title Map

24 SPINDLEWOOD WAY sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 24 SPINDLEWOOD WAY, 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 SPINDLEWOOD WAY). 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 SPINDLEWOOD WAY?

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