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

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

40 LARKSPUR DRIVE is a small extended detached house of 98m², built sometime between 1996 and 2002. It was last sold for £520,000 in July 2024, which was around 8% 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	£565,826	8% below HPI
2020 27 MAR	£405,000	£480,640	16% below HPI
1997 30 JUN	£110,000	£116,147	5% 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 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the July 2024 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

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 in Marchwood, based on EPC data. The below chart shows the distribution of detached houses by size in Marchwood, and where 40 LARKSPUR DRIVE lies on this distribution: 36% of detached 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.