47, ORDNANCE WAY, MARCHWOOD, SOUTHAMPTON, SO40 4AP - £275,000

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

47 ORDNANCE WAY is a very small semi-detached house of 82m², built sometime between 1996 and 2002. It was last sold for £275,000 in June 2021, which was around 47% below the average June 2021 detached price in the New Forest local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

47 ORDNANCE WAY Sold Prices

Land registry data shows five sales for 47 ORDNANCE WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. All of the five 47 ORDNANCE WAY 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
2021 30 JUN	£275,000	£516,296	47% below HPI
2017 8 DEC	£265,000	£483,943	45% below HPI
2014 27 JAN	£190,000	£360,106	47% below HPI
2004 2 AUG	£172,000	£299,844	43% below HPI
2000 14 JUL	£105,000	£179,744	42% below HPI

47 ORDNANCE 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 five 47 ORDNANCE WAY sales between July 2000 and June 2021 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 December 2017 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the June 2021 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 47 ORDNANCE WAY?

47 ORDNANCE WAY is 82m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 20% of detached houses in Marchwood, based on EPC data. The below chart shows the distribution of detached houses by size in Marchwood, and where 47 ORDNANCE WAY lies on this distribution: 15% of detached houses are smaller than 47 ORDNANCE WAY, and 84% of houses are larger. Note that EPC data is not available for all properties in Marchwood.

47 ORDNANCE WAY: Plot and Title Map

47 ORDNANCE WAY sits on a plot of roughly 0.049 of an acre, or 200m². The below map shows the location of 47 ORDNANCE 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 47 ORDNANCE 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 47 ORDNANCE WAY?

47 ORDNANCE WAY is located in MARCHWOOD, in the SO40 postcode district. The below map shows the position of No. 47 on ORDNANCE WAY.