OAKVILLE, DRAKE CLOSE, MARCHWOOD, SOUTHAMPTON, SO40 4XB - £650,000

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

OAKVILLE is a very large extended detached house of 155m², built sometime between 1976 and 1982. It was last sold for £650,000 in December 2022, which was around 11% above the average December 2022 detached price in the New Forest local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.

OAKVILLE Sold Prices

Land registry data shows three sales for OAKVILLE 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 OAKVILLE sales were for above 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 13 DEC	£650,000	£586,595	11% above HPI
2011 18 NOV	£390,000	£350,636	11% above HPI
2006 18 DEC	£390,000	£323,640	21% above HPI

OAKVILLE 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 OAKVILLE sales between December 2006 and December 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 November 2011 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the December 2022 sale, which was also at 11% above the HPI.

How Large is OAKVILLE?

OAKVILLE is 155m², which includes two extensions, according to the EPC inspection conducted in May 2022. This puts it in the largest 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 OAKVILLE lies on this distribution: 89% of detached houses are smaller than OAKVILLE, and 11% of houses are larger. Note that EPC data is not available for all properties in Marchwood.

OAKVILLE: Plot and Title Map

OAKVILLE sits on a plot of roughly 0.220 of an acre, or 890m². The below map shows the location of OAKVILLE, 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 OAKVILLE). 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 OAKVILLE?

OAKVILLE is located on DRAKE CLOSE in MARCHWOOD, in the SO40 postcode district. The below map shows the position of OAKVILLE on DRAKE CLOSE.