5, LILLEY CLOSE, MARCHWOOD, SOUTHAMPTON, SO40 4SW - £270,000

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 LILLEY CLOSE is a very small detached house of 81m², built sometime between 1991 and 1995, which could now be worth an estimated £362,479. It was last sold for £270,000 in August 2015, which was around 38% below the average August 2015 detached price in the New Forest local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was B.

5 LILLEY CLOSE Sold Prices

Land registry data shows two sales for 5 LILLEY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. Both of the two 5 LILLEY CLOSE 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
2015 7 AUG	£270,000	£433,850	38% below HPI
2001 22 JUN	£147,500	£211,022	30% below HPI

5 LILLEY CLOSE 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 two 5 LILLEY CLOSE sales from June 2001 and August 2015 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 June 2001 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the August 2015 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 5 LILLEY CLOSE be worth now?

5 LILLEY CLOSE might now be worth an estimated £362,479.

This is based on house price inflation of 34.3%, between August 2015 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 34.3% inflationary increase is applied to the most recent sale price for 5 LILLEY CLOSE of £270,000 on 7th August 2015. For the value to have increased from £270,000 to £362,479 over the ten years and six months to February 2025, the following assumptions must hold true:

• The value of 5 LILLEY CLOSE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The August 2015 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 5 LILLEY CLOSE has not materially changed since August 2015.

How Large is 5 LILLEY CLOSE?

5 LILLEY CLOSE is 81m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 20% 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 LILLEY CLOSE lies on this distribution: 14% of detached houses houses are smaller than 5 LILLEY CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Marchwood.

5 LILLEY CLOSE: Plot and Title Map

5 LILLEY CLOSE sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 5 LILLEY CLOSE, 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 LILLEY CLOSE). 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 LILLEY CLOSE?

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