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

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.

47 ORDNANCE WAY is a very small semi-detached house of 82m², built sometime between 1996 and 2002, which could now be worth an estimated £297,982. It was last sold for £275,000 in June 2021, which was around 20% below the average June 2021 semi-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 semi-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	£341,872	20% below HPI
2017 8 DEC	£265,000	£318,503	17% below HPI
2014 27 JAN	£190,000	£238,492	20% below HPI
2004 2 AUG	£172,000	£199,697	14% below HPI
2000 14 JUL	£105,000	£111,279	6% below HPI

47 ORDNANCE WAY Price Paid vs. HPI Average

The below graph shows the average semi-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 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the June 2021 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 47 ORDNANCE WAY be worth now?

47 ORDNANCE WAY might now be worth an estimated £297,982.

This is based on house price inflation of 8.4%, between June 2021 and February 2025, for semi-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 8.4% inflationary increase is applied to the most recent sale price for 47 ORDNANCE WAY of £275,000 on 30th June 2021. For the value to have increased from £275,000 to £297,982 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 47 ORDNANCE WAY has moved in line with the HPI for semi-detached houses in the New Forest local authority area.
• The June 2021 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 47 ORDNANCE WAY has not materially changed since June 2021.

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 semi-detached houses houses in Marchwood, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Marchwood, and where 47 ORDNANCE WAY lies on this distribution: 15% of semi-detached houses 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.