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

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

FOREST PINE is a midsized detached house of 113m², built sometime between 1967 and 1975. It was last sold for £330,000 in February 2014, which was around 9% 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	£363,066	9% below HPI
2007 30 JUL	£325,000	£347,810	7% below HPI
1995 25 AUG	£92,500	£103,150	10% 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 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the February 2014 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

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 in Marchwood, based on EPC data. The below chart shows the distribution of detached houses by size in Marchwood, and where FOREST PINE lies on this distribution: 58% of detached houses are smaller than FOREST PINE, and 41% 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.