LARCHWOOD, NEW INN LANE, BARTLEY, SOUTHAMPTON, SO40 2LS - £560,000

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

LARCHWOOD is a small detached house of 94m², built in 2022. It was last sold for £560,000 in April 2024, which was about the average April 2024 detached price in the New Forest local authority area. The most recent EPC inspection was January 2024, where the current energy rating was A, and the potential energy rating was A.

LARCHWOOD Sold Prices

Land registry data shows six sales for LARCHWOOD since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. The six LARCHWOOD sales were a mix of roughly equal to the average price, and 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 12 APR	£560,000	£561,376	Close to HPI
2022 2 SEP	£325,000	£599,156	46% below HPI
2019 22 JUL	£268,000	£469,845	43% below HPI
2007 14 SEP	£250,000	£348,520	28% below HPI
2006 21 AUG	£225,000	£316,848	29% below HPI
2003 28 NOV	£180,000	£282,979	36% below HPI

LARCHWOOD 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 six LARCHWOOD sales between November 2003 and April 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 September 2022 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the April 2024 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is LARCHWOOD?

LARCHWOOD is 94m² according to the EPC inspection conducted in January 2024. This puts it in the smallest 30% of detached houses in Bartley, based on EPC data. The below chart shows the distribution of detached houses by size in Bartley, and where LARCHWOOD lies on this distribution: 22% of detached houses are smaller than LARCHWOOD, and 76% of houses are larger. Note that EPC data is not available for all properties in Bartley.

LARCHWOOD: Plot and Title Map

LARCHWOOD sits on a plot of roughly 0.067 of an acre, or 269m². The below map shows the location of LARCHWOOD, 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 LARCHWOOD). 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 LARCHWOOD?

LARCHWOOD is located on NEW INN LANE in BARTLEY, in the SO40 postcode district. The below map shows the position of LARCHWOOD on NEW INN LANE.