RANFURLEY, PARK LANE, MARCHWOOD, SOUTHAMPTON, SO40 4WL - £450,000

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

RANFURLEY is a very large extended detached house of 149m², built sometime from 2007 onwards. It was last sold for £450,000 in December 2016, which was around 1% above the average December 2016 detached price in the New Forest local authority area. The most recent EPC inspection was October 2008, where the current energy rating was C, and the potential energy rating was C.

RANFURLEY Sold Prices

Land registry data shows two sales for RANFURLEY 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 RANFURLEY 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
2016 15 DEC	£450,000	£447,538	1% above HPI
2009 8 MAY	£333,000	£297,517	12% above HPI

RANFURLEY 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 RANFURLEY sales from May 2009 and December 2016 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 2009 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the December 2016 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is RANFURLEY?

RANFURLEY is 149m², which includes one extension, according to the EPC inspection conducted in October 2008. 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 RANFURLEY lies on this distribution: 87% of detached houses are smaller than RANFURLEY, and 13% of houses are larger. Note that EPC data is not available for all properties in Marchwood.

RANFURLEY: Plot and Title Map

RANFURLEY sits on a plot of roughly 0.121 of an acre, or 490m². The below map shows the location of RANFURLEY, 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 RANFURLEY). 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 RANFURLEY?

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