7, FROME CLOSE, MARCHWOOD, SOUTHAMPTON, SO40 4SL - £385,000

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

7 FROME CLOSE is a very large detached house of 138m², built sometime between 1983 and 1990. It was last sold for £385,000 in May 2019, which was around 18% below the average May 2019 detached price in the New Forest local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was B.

7 FROME CLOSE Sold Prices

Land registry data shows four sales for 7 FROME CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. All of the four 7 FROME 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
2019 24 MAY	£385,000	£469,568	18% below HPI
2010 6 DEC	£250,000	£339,356	26% below HPI
1999 19 MAR	£123,000	£139,860	12% below HPI
1996 1 NOV	£102,500	£108,543	6% below HPI

7 FROME 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 four 7 FROME CLOSE sales between November 1996 and May 2019 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 December 2010 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the May 2019 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 7 FROME CLOSE?

7 FROME CLOSE is 138m² according to the EPC inspection conducted in January 2024. 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 7 FROME CLOSE lies on this distribution: 81% of detached houses are smaller than 7 FROME CLOSE, and 18% of houses are larger. Note that EPC data is not available for all properties in Marchwood.

7 FROME CLOSE: Plot and Title Map

7 FROME CLOSE sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 7 FROME 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 7 FROME 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 7 FROME CLOSE?

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