6, ELDER CLOSE, MARCHWOOD, SOUTHAMPTON, SO40 4SN - £284,000

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

6 ELDER CLOSE is a very large extended detached house of 198m², built sometime between 1983 and 1990. It was last sold for £284,000 in May 2012, which was around 17% below the average May 2012 detached price in the New Forest local authority area. The most recent EPC inspection was November 2011, where the current energy rating was C, and the potential energy rating was C.

6 ELDER CLOSE Sold Prices

Land registry data shows two sales for 6 ELDER 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 6 ELDER 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
2012 18 MAY	£284,000	£340,808	17% below HPI
1999 18 JUN	£112,000	£142,991	22% below HPI

6 ELDER 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 6 ELDER CLOSE sales from June 1999 and May 2012 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 1999 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the May 2012 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 6 ELDER CLOSE?

6 ELDER CLOSE is 198m², which includes two extensions, according to the EPC inspection conducted in November 2011. This puts it in the largest 10% of detached houses in Marchwood, based on EPC data. The below chart shows the distribution of detached houses by size in Marchwood, and where 6 ELDER CLOSE lies on this distribution: 97% of detached houses are smaller than 6 ELDER CLOSE, and 3% of houses are larger. Note that EPC data is not available for all properties in Marchwood.

6 ELDER CLOSE: Plot and Title Map

6 ELDER CLOSE sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 6 ELDER 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 6 ELDER 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 6 ELDER CLOSE?

6 ELDER CLOSE is located in MARCHWOOD, in the SO40 postcode district. The below map shows the position of No. 6 on ELDER CLOSE.