8, MARNE ROAD, SOUTHAMPTON, SO18 6AL - £350,000

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

8 MARNE ROAD is a small extended detached house of 83m², built sometime between 1900 and 1929. It was last sold for £350,000 in December 2023, which was around 14% below the average December 2023 detached price in the Southampton local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was B.

8 MARNE ROAD Sold Prices

Land registry data shows two sales for 8 MARNE ROAD 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 8 MARNE ROAD 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
2023 14 DEC	£350,000	£408,791	14% below HPI
2007 15 NOV	£172,500	£270,431	36% below HPI

8 MARNE ROAD 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 8 MARNE ROAD sales from November 2007 and December 2023 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 November 2007 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the December 2023 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 8 MARNE ROAD?

8 MARNE ROAD is 83m², which includes two extensions, according to the EPC inspection conducted in May 2023. This puts it in the smallest 30% of detached houses in Southampton, based on EPC data. The below chart shows the distribution of detached houses by size in Southampton, and where 8 MARNE ROAD lies on this distribution: 27% of detached houses are smaller than 8 MARNE ROAD, and 73% of houses are larger. Note that EPC data is not available for all properties in Southampton.

8 MARNE ROAD: Plot and Title Map

8 MARNE ROAD sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 8 MARNE ROAD, 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 8 MARNE ROAD). 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 8 MARNE ROAD?

8 MARNE ROAD is located in SOUTHAMPTON, in the SO18 postcode district. The below map shows the position of No. 8 on MARNE ROAD.