MANAMA, PARK LANE, MARCHWOOD, SOUTHAMPTON, SO40 4WL - £318,000

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

MANAMA is a very small extended detached house of 80m², built sometime between 1950 and 1966. It was last sold for £318,000 in December 2013, which was around 11% below the average December 2013 detached price in the New Forest local authority area. The most recent EPC inspection was September 2010, where the current energy rating was E, and the potential energy rating was D.

MANAMA Sold Prices

Land registry data shows two sales for MANAMA 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 MANAMA 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
2013 13 DEC	£318,000	£357,767	11% below HPI
1997 4 APR	£83,500	£111,106	25% below HPI

MANAMA 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 MANAMA sales from April 1997 and December 2013 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 April 1997 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the December 2013 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is MANAMA?

MANAMA is 80m², which includes one extension, according to the EPC inspection conducted in September 2010. This puts it in the smallest 20% of detached houses in Marchwood, based on EPC data. The below chart shows the distribution of detached houses by size in Marchwood, and where MANAMA lies on this distribution: 12% of detached houses are smaller than MANAMA, and 88% of houses are larger. Note that EPC data is not available for all properties in Marchwood.

MANAMA: Plot and Title Map

MANAMA sits on a plot of roughly 0.158 of an acre, or 639m². The below map shows the location of MANAMA, 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 MANAMA). 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 MANAMA?

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