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

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 FROME CLOSE is a very large detached house of 138m², built sometime between 1983 and 1990, which could now be worth an estimated £452,122. It was last sold for £385,000 in May 2019, which was around 22% 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	£495,979	22% below HPI
2010 6 DEC	£250,000	£358,443	30% below HPI
1999 19 MAR	£123,000	£147,727	17% below HPI
1996 1 NOV	£102,500	£114,648	11% 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 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the May 2019 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 7 FROME CLOSE be worth now?

7 FROME CLOSE might now be worth an estimated £452,122.

This is based on house price inflation of 17.4%, between May 2019 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 17.4% inflationary increase is applied to the most recent sale price for 7 FROME CLOSE of £385,000 on 24th May 2019. For the value to have increased from £385,000 to £452,122 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of 7 FROME CLOSE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The May 2019 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 7 FROME CLOSE has not materially changed since May 2019.

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 houses in Marchwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Marchwood, and where 7 FROME CLOSE lies on this distribution: 81% of detached houses houses are smaller than 7 FROME CLOSE, and 19% 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.