40, LARKSPUR DRIVE, MARCHWOOD, SOUTHAMPTON, SO40 4JX - £520,000

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.

40 LARKSPUR DRIVE is a small extended detached house of 98m², built sometime between 1996 and 2002, which could now be worth an estimated £515,611. It was last sold for £520,000 in July 2024, which was around 11% below the average July 2024 detached price in the New Forest local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was B.

40 LARKSPUR DRIVE Sold Prices

Land registry data shows three sales for 40 LARKSPUR DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. All of the three 40 LARKSPUR 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
2024 26 JUL	£520,000	£587,408	11% below HPI
2020 27 MAR	£405,000	£507,673	20% below HPI
1997 30 JUN	£110,000	£122,680	10% below HPI

40 LARKSPUR 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 three 40 LARKSPUR DRIVE sales between June 1997 and July 2024 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 March 2020 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2024 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 40 LARKSPUR DRIVE be worth now?

40 LARKSPUR DRIVE might now be worth an estimated £515,611.

This is based on house price deflation of 0.8%, between July 2024 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 0.8% deflationary decrease is applied to the most recent sale price for 40 LARKSPUR DRIVE of £520,000 on 26th July 2024. For the value to have decreased from £520,000 to £515,611 over the one year and five months to February 2025, the following assumptions must hold true:

• The value of 40 LARKSPUR DRIVE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The July 2024 sale price of £520,000 represented a fair market value for the property.
• The size, condition, and specification of 40 LARKSPUR DRIVE has not materially changed since July 2024.

How Large is 40 LARKSPUR DRIVE?

40 LARKSPUR DRIVE is 98m², which includes one extension, according to the EPC inspection conducted in November 2017. This puts it in the smallest 40% 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 40 LARKSPUR DRIVE lies on this distribution: 36% of detached houses houses are smaller than 40 LARKSPUR DRIVE, and 63% of houses are larger. Note that EPC data is not available for all properties in Marchwood.

40 LARKSPUR DRIVE: Plot and Title Map

40 LARKSPUR DRIVE sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 40 LARKSPUR 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 40 LARKSPUR 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 40 LARKSPUR DRIVE?

40 LARKSPUR DRIVE is located in MARCHWOOD, in the SO40 postcode district. The below map shows the position of No. 40 on LARKSPUR DRIVE.