5, LAKELAND GARDENS, MARCHWOOD, SOUTHAMPTON, SO40 4XG - £530,000

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.

5 LAKELAND GARDENS is a large extended detached house of 135m², built sometime between 1983 and 1990, which could now be worth an estimated £517,612. It was last sold for £530,000 in December 2023, which was around 11% below the average December 2023 detached price in the New Forest local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was B.

5 LAKELAND GARDENS Sold Prices

Land registry data shows three sales for 5 LAKELAND GARDENS 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 5 LAKELAND GARDENS 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
2023 6 DEC	£530,000	£596,390	11% below HPI
2019 12 JUL	£425,000	£496,271	14% below HPI
2003 14 OCT	£240,000	£294,853	19% below HPI

5 LAKELAND GARDENS 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 5 LAKELAND GARDENS sales between October 2003 and December 2023 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 July 2019 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the December 2023 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 5 LAKELAND GARDENS be worth now?

5 LAKELAND GARDENS might now be worth an estimated £517,612.

This is based on house price deflation of 2.3%, between December 2023 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 2.3% deflationary decrease is applied to the most recent sale price for 5 LAKELAND GARDENS of £530,000 on 6th December 2023. For the value to have decreased from £530,000 to £517,612 over the two years and ten months to February 2025, the following assumptions must hold true:

• The value of 5 LAKELAND GARDENS has moved in line with the HPI for detached houses in the New Forest local authority area.
• The December 2023 sale price of £530,000 represented a fair market value for the property.
• The size, condition, and specification of 5 LAKELAND GARDENS has not materially changed since December 2023.

How Large is 5 LAKELAND GARDENS?

5 LAKELAND GARDENS is 135m², which includes two extensions, according to the EPC inspection conducted in May 2018. This puts it in the largest 30% 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 5 LAKELAND GARDENS lies on this distribution: 79% of detached houses houses are smaller than 5 LAKELAND GARDENS, and 21% of houses are larger. Note that EPC data is not available for all properties in Marchwood.

5 LAKELAND GARDENS: Plot and Title Map

5 LAKELAND GARDENS sits on a plot of roughly 0.177 of an acre, or 718m². The below map shows the location of 5 LAKELAND GARDENS, 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 5 LAKELAND GARDENS). 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 5 LAKELAND GARDENS?

5 LAKELAND GARDENS is located in MARCHWOOD, in the SO40 postcode district. The below map shows the position of No. 5 on LAKELAND GARDENS.