HARBOUR LIGHTS, PARK LANE, MARCHWOOD, SOUTHAMPTON, SO40 4WL - £615,000

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.

HARBOUR LIGHTS is a very large extended detached house of 148m², built sometime between 1930 and 1949, which could now be worth an estimated £575,531. It was last sold for £615,000 in July 2022, which was around 1% below the average July 2022 detached price in the New Forest local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was C.

HARBOUR LIGHTS Sold Prices

Land registry data shows two sales for HARBOUR LIGHTS 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 HARBOUR LIGHTS 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
2022 18 JUL	£615,000	£622,394	1% below HPI
2000 28 JAN	£136,000	£168,952	20% below HPI

HARBOUR LIGHTS 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 HARBOUR LIGHTS sales from January 2000 and July 2022 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 January 2000 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2022 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might HARBOUR LIGHTS be worth now?

HARBOUR LIGHTS might now be worth an estimated £575,531.

This is based on house price deflation of 6.4%, between July 2022 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 6.4% deflationary decrease is applied to the most recent sale price for HARBOUR LIGHTS of £615,000 on 18th July 2022. For the value to have decreased from £615,000 to £575,531 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of HARBOUR LIGHTS has moved in line with the HPI for detached houses in the New Forest local authority area.
• The July 2022 sale price of £615,000 represented a fair market value for the property.
• The size, condition, and specification of HARBOUR LIGHTS has not materially changed since July 2022.

How Large is HARBOUR LIGHTS?

HARBOUR LIGHTS is 148m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the largest 20% 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 HARBOUR LIGHTS lies on this distribution: 86% of detached houses houses are smaller than HARBOUR LIGHTS, and 13% of houses are larger. Note that EPC data is not available for all properties in Marchwood.

HARBOUR LIGHTS: Plot and Title Map

HARBOUR LIGHTS sits on a plot of roughly 0.190 of an acre, or 769m². The below map shows the location of HARBOUR LIGHTS, 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 HARBOUR LIGHTS). 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 HARBOUR LIGHTS?

HARBOUR LIGHTS is located on PARK LANE in MARCHWOOD, in the SO40 postcode district. The below map shows the position of HARBOUR LIGHTS on PARK LANE.