GREEN GATES, POOKS GREEN, MARCHWOOD, SOUTHAMPTON, SO40 4WQ - £785,000

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

GREEN GATES is a large extended detached house of 128m², built sometime between 1930 and 1949. It was last sold for £785,000 in July 2024, which was around 39% above the average July 2024 detached price in the New Forest local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was C.

GREEN GATES Sold Prices

Land registry data shows four sales for GREEN GATES 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. two of the four GREEN GATES sales were for above the average price, and four 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
2024 4 JUL	£785,000	£565,826	39% above HPI
2018 16 AUG	£665,999	£482,100	38% above HPI
2006 16 JUN	£293,250	£306,257	4% below HPI
1998 3 JUL	£125,000	£132,207	5% below HPI

GREEN GATES 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 GREEN GATES sales between July 1998 and July 2024 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 August 2018 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the July 2024 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

How Large is GREEN GATES?

GREEN GATES is 128m², which includes four extensions, according to the EPC inspection conducted in June 2017. This puts it in the largest 30% of detached houses in Marchwood, based on EPC data. The below chart shows the distribution of detached houses by size in Marchwood, and where GREEN GATES lies on this distribution: 75% of detached houses are smaller than GREEN GATES, and 24% of houses are larger. Note that EPC data is not available for all properties in Marchwood.

GREEN GATES: Plot and Title Map

GREEN GATES sits on a plot of roughly 0.182 of an acre, or 736m². The below map shows the location of GREEN GATES, 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 GREEN GATES). 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 GREEN GATES?

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