LARKRISE, EXBURY ROAD, BLACKFIELD, SOUTHAMPTON, SO45 1XE - £240,000

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

LARKRISE is a very small detached house of 68m², built sometime between 1976 and 1982. It was last sold for £240,000 in February 2015, which was around 39% below the average February 2015 detached price in the New Forest local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was B.

LARKRISE Sold Prices

Land registry data shows three sales for LARKRISE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. All of the three LARKRISE 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
2015 13 FEB	£240,000	£392,320	39% below HPI
1999 11 MAY	£103,000	£140,198	27% below HPI
1996 15 FEB	£67,500	£100,034	33% below HPI

LARKRISE 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 three LARKRISE sales between February 1996 and February 2015 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 May 1999 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the February 2015 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is LARKRISE?

LARKRISE is 68m² according to the EPC inspection conducted in August 2012. This puts it in the smallest 20% of detached houses in Blackfield, based on EPC data. The below chart shows the distribution of detached houses by size in Blackfield, and where LARKRISE lies on this distribution: 11% of detached houses are smaller than LARKRISE, and 88% of houses are larger. Note that EPC data is not available for all properties in Blackfield.

LARKRISE: Plot and Title Map

LARKRISE sits on a plot of roughly 0.117 of an acre, or 474m². The below map shows the location of LARKRISE, 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 LARKRISE). 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 LARKRISE?

LARKRISE is located on EXBURY ROAD in BLACKFIELD, in the SO45 postcode district. The below map shows the position of LARKRISE on EXBURY ROAD.