7, BILBERRY DRIVE, MARCHWOOD, SOUTHAMPTON, SO40 4YR - £230,000

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.

7 BILBERRY DRIVE is a very small detached house of 73m², built sometime between 1996 and 2002, which could now be worth an estimated £361,796. It was last sold for £230,000 in July 2011, which was around 38% below the average July 2011 detached price in the New Forest local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was C.

7 BILBERRY DRIVE Sold Prices

Land registry data shows three sales for 7 BILBERRY DRIVE 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 7 BILBERRY DRIVE 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
2011 29 JUL	£230,000	£370,274	38% below HPI
2009 23 JUN	£195,000	£319,110	39% below HPI
1999 28 JUN	£108,500	£151,033	28% below HPI

7 BILBERRY DRIVE 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 7 BILBERRY DRIVE sales between June 1999 and July 2011 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 2009 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the July 2011 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 7 BILBERRY DRIVE be worth now?

7 BILBERRY DRIVE might now be worth an estimated £361,796.

This is based on house price inflation of 57.3%, between July 2011 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 57.3% inflationary increase is applied to the most recent sale price for 7 BILBERRY DRIVE of £230,000 on 29th July 2011. For the value to have increased from £230,000 to £361,796 over the fourteen years and five months to February 2025, the following assumptions must hold true:

• The value of 7 BILBERRY DRIVE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The July 2011 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 7 BILBERRY DRIVE has not materially changed since July 2011.

How Large is 7 BILBERRY DRIVE?

7 BILBERRY DRIVE is 73m² according to the EPC inspection conducted in March 2009. This puts it in the smallest 10% 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 7 BILBERRY DRIVE lies on this distribution: 5% of detached houses houses are smaller than 7 BILBERRY DRIVE, and 95% of houses are larger. Note that EPC data is not available for all properties in Marchwood.

7 BILBERRY DRIVE: Plot and Title Map

7 BILBERRY DRIVE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 7 BILBERRY DRIVE, 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 7 BILBERRY DRIVE). 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 7 BILBERRY DRIVE?

7 BILBERRY DRIVE is located in MARCHWOOD, in the SO40 postcode district. The below map shows the position of No. 7 on BILBERRY DRIVE.