8, OLD CRACKNORE CLOSE, MARCHWOOD, SOUTHAMPTON, SO40 4SE - £480,000

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.

8 OLD CRACKNORE CLOSE is a very large extended detached house of 164m², built sometime between 1950 and 1966, which could now be worth an estimated £674,936. It was last sold for £480,000 in May 2015, which was around 16% above the average May 2015 detached price in the New Forest local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was C.

8 OLD CRACKNORE CLOSE Sold Prices

Land registry data shows two sales for 8 OLD CRACKNORE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. Both of the two 8 OLD CRACKNORE CLOSE sales were for above 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
2015 1 MAY	£480,000	£414,226	16% above HPI
2006 17 MAR	£370,000	£324,838	14% above HPI

8 OLD CRACKNORE 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 two 8 OLD CRACKNORE CLOSE sales from March 2006 and May 2015 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 March 2006 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the May 2015 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 8 OLD CRACKNORE CLOSE be worth now?

8 OLD CRACKNORE CLOSE might now be worth an estimated £674,936.

This is based on house price inflation of 40.6%, between May 2015 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 40.6% inflationary increase is applied to the most recent sale price for 8 OLD CRACKNORE CLOSE of £480,000 on 1st May 2015. For the value to have increased from £480,000 to £674,936 over the ten years and three months to February 2025, the following assumptions must hold true:

• The value of 8 OLD CRACKNORE CLOSE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The May 2015 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of 8 OLD CRACKNORE CLOSE has not materially changed since May 2015.

How Large is 8 OLD CRACKNORE CLOSE?

8 OLD CRACKNORE CLOSE is 164m², which includes four extensions, according to the EPC inspection conducted in January 2015. This puts it in the largest 10% 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 8 OLD CRACKNORE CLOSE lies on this distribution: 92% of detached houses houses are smaller than 8 OLD CRACKNORE CLOSE, and 8% of houses are larger. Note that EPC data is not available for all properties in Marchwood.

8 OLD CRACKNORE CLOSE: Plot and Title Map

8 OLD CRACKNORE CLOSE sits on a plot of roughly 0.246 of an acre, or 994m². The below map shows the location of 8 OLD CRACKNORE 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 OLD CRACKNORE 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 OLD CRACKNORE CLOSE?

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