HAZELY, TWIGGS LANE, MARCHWOOD, SOUTHAMPTON, SO40 4UN - £455,000

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.

HAZELY is a very small extended detached house of 68m², built sometime between 1930 and 1949, which could now be worth an estimated £427,659. It was last sold for £455,000 in June 2022, which was around 27% below the average June 2022 detached price in the New Forest local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

HAZELY Sold Prices

Land registry data shows four sales for HAZELY 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 HAZELY 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 14 JUN	£455,000	£619,687	27% below HPI
2012 17 AUG	£250,000	£364,101	31% below HPI
1998 30 JAN	£102,000	£136,088	25% below HPI
1997 30 MAY	£70,000	£120,073	42% below HPI

HAZELY 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 HAZELY sales between May 1997 and June 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 August 2012 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the June 2022 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might HAZELY be worth now?

HAZELY might now be worth an estimated £427,659.

This is based on house price deflation of 6%, between June 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% deflationary decrease is applied to the most recent sale price for HAZELY of £455,000 on 14th June 2022. For the value to have decreased from £455,000 to £427,659 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of HAZELY has moved in line with the HPI for detached houses in the New Forest local authority area.
• The June 2022 sale price of £455,000 represented a fair market value for the property.
• The size, condition, and specification of HAZELY has not materially changed since June 2022.

How Large is HAZELY?

HAZELY is 68m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the smallest 10% 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 HAZELY lies on this distribution: 3% of detached houses houses are smaller than HAZELY, and 97% of houses are larger. Note that EPC data is not available for all properties in Marchwood.

HAZELY: Plot and Title Map

HAZELY sits on a plot of roughly 0.120 of an acre, or 486m². The below map shows the location of HAZELY, 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 HAZELY). 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 HAZELY?

HAZELY is located on TWIGGS LANE in MARCHWOOD, in the SO40 postcode district. The below map shows the position of HAZELY on TWIGGS LANE.