8, MELICK CLOSE, MARCHWOOD, SOUTHAMPTON, SO40 4YJ - £300,000

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

8 MELICK CLOSE is a midsized detached house of 105m², built sometime between 1983 and 1990. It was last sold for £300,000 in September 2019, which was around 37% below the average September 2019 detached price in the New Forest local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

8 MELICK CLOSE Sold Prices

Land registry data shows three sales for 8 MELICK CLOSE 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 8 MELICK 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 23 SEP	£300,000	£475,500	37% below HPI
2014 20 OCT	£250,000	£386,686	35% below HPI
2000 16 JUN	£109,500	£173,816	37% below HPI

8 MELICK 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 three 8 MELICK CLOSE sales between June 2000 and September 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 October 2014 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the September 2019 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 8 MELICK CLOSE?

8 MELICK CLOSE is 105m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 50% of detached houses in Marchwood, based on EPC data. The below chart shows the distribution of detached houses by size in Marchwood, and where 8 MELICK CLOSE lies on this distribution: 47% of detached houses are smaller than 8 MELICK CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Marchwood.

8 MELICK CLOSE: Plot and Title Map

8 MELICK CLOSE sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 8 MELICK 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 8 MELICK 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 8 MELICK CLOSE?

8 MELICK CLOSE is located in MARCHWOOD, in the SO40 postcode district. The below map shows the position of No. 8 on MELICK CLOSE.