6, WAVECREST CLOSE, MARCHWOOD, SOUTHAMPTON, SO40 4AT - £405,000

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 WAVECREST CLOSE is a very large extended detached house of 151m², built sometime between 1996 and 2002. It was last sold for £405,000 in November 2017, which was around 16% below the average November 2017 detached price in the New Forest local authority area. The most recent EPC inspection was September 2011, where the current energy rating was C, and the potential energy rating was C.

6 WAVECREST CLOSE Sold Prices

Land registry data shows three sales for 6 WAVECREST CLOSE 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 6 WAVECREST 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
2017 29 NOV	£405,000	£483,896	16% below HPI
2003 8 AUG	£249,950	£276,874	10% below HPI
2000 20 DEC	£185,000	£190,445	3% below HPI

6 WAVECREST 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 three 6 WAVECREST CLOSE sales between December 2000 and November 2017 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 August 2003 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the November 2017 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 6 WAVECREST CLOSE?

6 WAVECREST CLOSE is 151m², which includes two extensions, according to the EPC inspection conducted in September 2011. This puts it in the largest 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 6 WAVECREST CLOSE lies on this distribution: 88% of detached houses are smaller than 6 WAVECREST CLOSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Marchwood.

6 WAVECREST CLOSE: Plot and Title Map

6 WAVECREST CLOSE sits on a plot of roughly 0.105 of an acre, or 427m². The below map shows the location of 6 WAVECREST 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 WAVECREST 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 WAVECREST CLOSE?

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