BACKWAYS, NEWBRIDGE ROAD, CADNAM, SOUTHAMPTON, SO40 2NX - £450,000

BACKWAYS is a midsized detached house of 114m², built sometime between 1950 and 1966. It was last sold for £450,000 in August 2011, which was around 27% above the average August 2011 detached price in the New Forest local authority area. The most recent EPC inspection was January 2024, where the current energy rating was D, and the potential energy rating was C.

BACKWAYS Sold Prices

Land registry data shows two sales for BACKWAYS 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. One of the two BACKWAYS sales was for above the average price, whilst the other was 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
2011 12 AUG	£450,000	£354,455	27% above HPI
1998 22 MAY	£58,000	£131,110	56% below HPI

BACKWAYS 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 BACKWAYS sales from May 1998 and August 2011 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 May 1998 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the August 2011 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is BACKWAYS?

BACKWAYS is 114m² according to the EPC inspection conducted in January 2024. This puts it in the smallest 50% of detached houses in Cadnam, based on EPC data. The below chart shows the distribution of detached houses by size in Cadnam, and where BACKWAYS lies on this distribution: 41% of detached houses are smaller than BACKWAYS, and 57% of houses are larger. Note that EPC data is not available for all properties in Cadnam.

BACKWAYS: Plot and Title Map

BACKWAYS sits on a plot of roughly 0.520 of an acre, or 2,103m². The below map shows the location of BACKWAYS, 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 BACKWAYS). 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 BACKWAYS?

BACKWAYS is located on NEWBRIDGE ROAD in CADNAM, in the SO40 postcode district. The below map shows the position of BACKWAYS on NEWBRIDGE ROAD.