GALWAY COTTAGE, LARCH AVENUE, HOLBURY, SOUTHAMPTON, SO45 2PB - £410,050

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

GALWAY COTTAGE is a midsized extended detached house of 94m², built sometime between 1930 and 1949. It was last sold for £410,050 in September 2021, which was around 22% below the average September 2021 detached price in the New Forest local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was C.

GALWAY COTTAGE Sold Prices

Land registry data shows four sales for GALWAY COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. All of the four GALWAY COTTAGE 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
2021 14 SEP	£410,050	£522,571	22% below HPI
2016 26 JUL	£322,500	£434,985	26% below HPI
2013 24 MAY	£243,500	£346,079	30% below HPI
2001 22 NOV	£152,500	£209,290	27% below HPI

GALWAY COTTAGE 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 four GALWAY COTTAGE sales between November 2001 and September 2021 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 2016 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the September 2021 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is GALWAY COTTAGE?

GALWAY COTTAGE is 94m², which includes one extension, according to the EPC inspection conducted in March 2013. This puts it in the largest 50% of detached houses in Hardley, based on EPC data. The below chart shows the distribution of detached houses by size in Hardley, and where GALWAY COTTAGE lies on this distribution: 56% of detached houses are smaller than GALWAY COTTAGE, and 44% of houses are larger. Note that EPC data is not available for all properties in Hardley.

GALWAY COTTAGE: Plot and Title Map

GALWAY COTTAGE sits on a plot of roughly 0.146 of an acre, or 592m². The below map shows the location of GALWAY COTTAGE, 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 GALWAY COTTAGE). 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 GALWAY COTTAGE?

GALWAY COTTAGE is located on LARCH AVENUE in HOLBURY, in the SO45 postcode district. The below map shows the position of GALWAY COTTAGE on LARCH AVENUE.