7, MARVIN WAY, SOUTHAMPTON, SO18 5QZ - £400,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 MARVIN WAY is a small extended detached house of 94m², built sometime between 1950 and 1966. It was last sold for £400,000 in November 2022, which was around 8% below the average November 2022 detached price in the Southampton local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was C.

7 MARVIN WAY Sold Prices

Land registry data shows two sales for 7 MARVIN WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Southampton local authority area for the corresponding sale date. Both of the two 7 MARVIN WAY 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
2022 4 NOV	£400,000	£435,012	8% below HPI
2020 8 JAN	£310,000	£356,312	13% below HPI

7 MARVIN WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Southampton local authority area over time, sourced from the HPI. The two 7 MARVIN WAY sales from January 2020 and November 2022 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 January 2020 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the November 2022 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 7 MARVIN WAY?

7 MARVIN WAY is 94m², which includes one extension, according to the EPC inspection conducted in August 2019. This puts it in the smallest 40% of detached houses in Southampton, based on EPC data. The below chart shows the distribution of detached houses by size in Southampton, and where 7 MARVIN WAY lies on this distribution: 39% of detached houses are smaller than 7 MARVIN WAY, and 60% of houses are larger. Note that EPC data is not available for all properties in Southampton.

7 MARVIN WAY: Plot and Title Map

7 MARVIN WAY sits on a plot of roughly 0.212 of an acre, or 858m². The below map shows the location of 7 MARVIN WAY, 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 MARVIN WAY). 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 MARVIN WAY?

7 MARVIN WAY is located in SOUTHAMPTON, in the SO18 postcode district. The below map shows the position of No. 7 on MARVIN WAY.