FOREST PINE, TWIGGS LANE, MARCHWOOD, SOUTHAMPTON, SO40 4UP - £330,000

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.

FOREST PINE is a midsized detached house of 113m², built sometime between 1967 and 1975, which could now be worth an estimated £501,755. It was last sold for £330,000 in February 2014, which was around 14% below the average February 2014 detached price in the New Forest local authority area. The most recent EPC inspection was September 2013, where the current energy rating was C, and the potential energy rating was B.

FOREST PINE Sold Prices

Land registry data shows three sales for FOREST PINE 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 FOREST PINE 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
2014 19 FEB	£330,000	£383,486	14% below HPI
2007 30 JUL	£325,000	£367,372	12% below HPI
1995 25 AUG	£92,500	£108,952	15% below HPI

FOREST PINE 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 FOREST PINE sales between August 1995 and February 2014 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 July 2007 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the February 2014 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might FOREST PINE be worth now?

FOREST PINE might now be worth an estimated £501,755.

This is based on house price inflation of 52%, between February 2014 and March 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 52% inflationary increase is applied to the most recent sale price for FOREST PINE of £330,000 on 19th February 2014. For the value to have increased from £330,000 to £501,755 over the ten years and eleven months to March 2025, the following assumptions must hold true:

• The value of FOREST PINE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The February 2014 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of FOREST PINE has not materially changed since February 2014.

How Large is FOREST PINE?

FOREST PINE is 113m² according to the EPC inspection conducted in September 2013. This puts it in the largest 50% 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 FOREST PINE lies on this distribution: 58% of detached houses houses are smaller than FOREST PINE, and 42% of houses are larger. Note that EPC data is not available for all properties in Marchwood.

FOREST PINE: Plot and Title Map

FOREST PINE sits on a plot of roughly 0.127 of an acre, or 515m². The below map shows the location of FOREST PINE, 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 FOREST PINE). 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 FOREST PINE?

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