TWINOAKS, TAVELLS LANE, MARCHWOOD, SOUTHAMPTON, SO40 4WH - £665,000

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

TWINOAKS is a very large extended detached house of 221m², built sometime between 1967 and 1975. It was last sold for £665,000 in February 2022, which was around 15% above the average February 2022 detached price in the New Forest local authority area. The most recent EPC inspection was July 2024, where the current energy rating was C, and the potential energy rating was B.

TWINOAKS Sold Prices

Land registry data shows three sales for TWINOAKS 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. Two of the three TWINOAKS sales were for above the average price, whilst one was 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
2022 25 FEB	£665,000	£578,888	15% above HPI
2002 14 JUN	£300,000	£223,752	34% above HPI
1998 6 NOV	£140,000	£141,037	1% below HPI

TWINOAKS 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 TWINOAKS sales between November 1998 and February 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 June 2002 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the February 2022 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is TWINOAKS?

TWINOAKS is 221m², which includes two extensions, according to the EPC inspection conducted in July 2024. This puts it in the largest 10% of detached houses in Marchwood, based on EPC data. The below chart shows the distribution of detached houses by size in Marchwood, and where TWINOAKS lies on this distribution: 99% of detached houses are smaller than TWINOAKS, and 1% of houses are larger. Note that EPC data is not available for all properties in Marchwood.

TWINOAKS: Plot and Title Map

TWINOAKS sits on a plot of roughly 0.191 of an acre, or 774m². The below map shows the location of TWINOAKS, 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 TWINOAKS). 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 TWINOAKS?

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