3, BILBERRY DRIVE, MARCHWOOD, SOUTHAMPTON, SO40 4YR - £425,000

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

3 BILBERRY DRIVE is a midsized detached house of 102m², built sometime between 1983 and 1990. It was last sold for £425,000 in December 2022, which was around 28% below the average December 2022 detached price in the New Forest local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was B.

3 BILBERRY DRIVE Sold Prices

Land registry data shows four sales for 3 BILBERRY DRIVE 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 3 BILBERRY 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
2022 21 DEC	£425,000	£586,595	28% below HPI
2004 16 JAN	£224,000	£283,655	21% below HPI
2001 21 DEC	£168,000	£208,769	20% below HPI
1998 16 JUL	£107,500	£132,207	19% below HPI

3 BILBERRY 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 four 3 BILBERRY DRIVE sales between July 1998 and December 2022 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 January 2004 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the December 2022 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 3 BILBERRY DRIVE?

3 BILBERRY DRIVE is 102m² according to the EPC inspection conducted in January 2024. This puts it in the smallest 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 3 BILBERRY DRIVE lies on this distribution: 42% of detached houses are smaller than 3 BILBERRY DRIVE, and 57% of houses are larger. Note that EPC data is not available for all properties in Marchwood.

3 BILBERRY DRIVE: Plot and Title Map

3 BILBERRY DRIVE sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 3 BILBERRY 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 3 BILBERRY 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 3 BILBERRY DRIVE?

3 BILBERRY DRIVE is located in MARCHWOOD, in the SO40 postcode district. The below map shows the position of No. 3 on BILBERRY DRIVE.