SPRINGDALE, MAIN ROAD, MARCHWOOD, SOUTHAMPTON, SO40 4UB - £585,000

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

SPRINGDALE is a very small detached house of 87m², built sometime between 1967 and 1975. It was last sold for £585,000 in November 2023, which was around 3% above the average November 2023 detached price in the New Forest local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

SPRINGDALE Sold Prices

Land registry data shows three sales for SPRINGDALE 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 SPRINGDALE 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
2023 24 NOV	£585,000	£568,660	3% above HPI
2021 12 MAR	£520,000	£502,106	4% above HPI
2001 4 SEP	£225,000	£207,494	8% above HPI

SPRINGDALE 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 SPRINGDALE sales between September 2001 and November 2023 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 March 2021 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the November 2023 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is SPRINGDALE?

SPRINGDALE is 87m² according to the EPC inspection conducted in September 2020. 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 SPRINGDALE lies on this distribution: 20% of detached houses are smaller than SPRINGDALE, and 79% of houses are larger. Note that EPC data is not available for all properties in Marchwood.

SPRINGDALE: Plot and Title Map

SPRINGDALE sits on a plot of roughly 0.223 of an acre, or 903m². The below map shows the location of SPRINGDALE, 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 SPRINGDALE). 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 SPRINGDALE?

SPRINGDALE is located on MAIN ROAD in MARCHWOOD, in the SO40 postcode district. The below map shows the position of SPRINGDALE on MAIN ROAD.