FOREST VIEW, POOKS GREEN, MARCHWOOD, SOUTHAMPTON, SO40 4WP - £499,950

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 VIEW is a large extended detached house of 116m², built sometime between 1950 and 1966, which could now be worth an estimated £573,862. It was last sold for £499,950 in May 2018, which was around 1% below the average May 2018 detached price in the New Forest local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was C.

FOREST VIEW Sold Prices

Land registry data shows two sales for FOREST VIEW 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 FOREST VIEW 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
2018 23 MAY	£499,950	£507,432	1% below HPI
2003 19 DEC	£270,000	£298,595	10% below HPI

FOREST VIEW 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 FOREST VIEW sales from December 2003 and May 2018 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 2003 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the May 2018 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might FOREST VIEW be worth now?

FOREST VIEW might now be worth an estimated £573,862.

This is based on house price inflation of 14.8%, between May 2018 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 14.8% inflationary increase is applied to the most recent sale price for FOREST VIEW of £499,950 on 23rd May 2018. For the value to have increased from £499,950 to £573,862 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of FOREST VIEW has moved in line with the HPI for detached houses in the New Forest local authority area.
• The May 2018 sale price of £499,950 represented a fair market value for the property.
• The size, condition, and specification of FOREST VIEW has not materially changed since May 2018.

How Large is FOREST VIEW?

FOREST VIEW is 116m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the largest 40% 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 VIEW lies on this distribution: 61% of detached houses houses are smaller than FOREST VIEW, and 38% of houses are larger. Note that EPC data is not available for all properties in Marchwood.

FOREST VIEW: Plot and Title Map

FOREST VIEW sits on a plot of roughly 0.283 of an acre, or 1,146m². The below map shows the location of FOREST VIEW, 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 VIEW). 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 VIEW?

FOREST VIEW is located on POOKS GREEN in MARCHWOOD, in the SO40 postcode district. The below map shows the position of FOREST VIEW on POOKS GREEN.