CANDOVER, TWIGGS LANE, MARCHWOOD, SOUTHAMPTON, SO40 4UN - £427,500

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.

CANDOVER is a very small extended detached house of 86m², built sometime between 1930 and 1949, which could now be worth an estimated £495,107. It was last sold for £427,500 in July 2020, which was around 15% below the average July 2020 detached price in the New Forest local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

CANDOVER Sold Prices

Land registry data shows two sales for CANDOVER 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 CANDOVER 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
2020 28 JUL	£427,500	£502,916	15% below HPI
2012 7 DEC	£327,000	£365,797	11% below HPI

CANDOVER 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 CANDOVER sales from December 2012 and July 2020 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 December 2012 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the July 2020 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might CANDOVER be worth now?

CANDOVER might now be worth an estimated £495,107.

This is based on house price inflation of 15.8%, between July 2020 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 15.8% inflationary increase is applied to the most recent sale price for CANDOVER of £427,500 on 28th July 2020. For the value to have increased from £427,500 to £495,107 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of CANDOVER has moved in line with the HPI for detached houses in the New Forest local authority area.
• The July 2020 sale price of £427,500 represented a fair market value for the property.
• The size, condition, and specification of CANDOVER has not materially changed since July 2020.

How Large is CANDOVER?

CANDOVER is 86m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the smallest 20% 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 CANDOVER lies on this distribution: 19% of detached houses houses are smaller than CANDOVER, and 81% of houses are larger. Note that EPC data is not available for all properties in Marchwood.

CANDOVER: Plot and Title Map

CANDOVER sits on a plot of roughly 0.153 of an acre, or 619m². The below map shows the location of CANDOVER, 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 CANDOVER). 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 CANDOVER?

CANDOVER is located on TWIGGS LANE in MARCHWOOD, in the SO40 postcode district. The below map shows the position of CANDOVER on TWIGGS LANE.