26, REED DRIVE, MARCHWOOD, SOUTHAMPTON, SO40 4YG - £159,950

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

26 REED DRIVE is a midsized detached house of 110m², built sometime between 1983 and 1990. It was last sold for £159,950 in September 2001, which was around 23% below the average September 2001 detached price in the New Forest local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

26 REED DRIVE Sold Prices

Land registry data shows two sales for 26 REED DRIVE 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 26 REED DRIVE 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
2001 28 SEP	£159,950	£207,494	23% below HPI
1998 23 OCT	£115,000	£138,632	17% below HPI

26 REED DRIVE 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 26 REED DRIVE sales from October 1998 and September 2001 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 October 1998 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the September 2001 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 26 REED DRIVE?

26 REED DRIVE is 110m² according to the EPC inspection conducted in June 2014. This puts it in the largest 50% of detached houses in Marchwood, based on EPC data. The below chart shows the distribution of detached houses by size in Marchwood, and where 26 REED DRIVE lies on this distribution: 54% of detached houses are smaller than 26 REED DRIVE, and 44% of houses are larger. Note that EPC data is not available for all properties in Marchwood.

26 REED DRIVE: Plot and Title Map

26 REED DRIVE sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 26 REED DRIVE, 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 26 REED DRIVE). 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 26 REED DRIVE?

26 REED DRIVE is located in MARCHWOOD, in the SO40 postcode district. The below map shows the position of No. 26 on REED DRIVE.