1, SHOREFIELD ROAD, MARCHWOOD, SOUTHAMPTON, SO40 4SR - £213,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 SHOREFIELD ROAD is a very small terraced house of 50m², built sometime between 1991 and 1995, which could now be worth an estimated £253,657. It was last sold for £213,500 in July 2020, which was around 16% below the average July 2020 terraced price in the New Forest local authority area. The most recent EPC inspection was June 2013, where the current energy rating was C, and the potential energy rating was A.

1 SHOREFIELD ROAD Sold Prices

Land registry data shows five sales for 1 SHOREFIELD ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the New Forest local authority area for the corresponding sale date. Most of the five 1 SHOREFIELD ROAD 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
2020 10 JUL	£213,500	£254,333	16% below HPI
2013 27 SEP	£167,500	£194,200	14% below HPI
2006 27 JAN	£156,000	£169,486	8% below HPI
2003 24 OCT	£127,000	£142,024	11% below HPI
2002 19 APR	£107,000	£104,035	3% above HPI

1 SHOREFIELD ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the New Forest local authority area over time, sourced from the HPI. The five 1 SHOREFIELD ROAD sales between April 2002 and July 2020 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 September 2013 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the July 2020 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 1 SHOREFIELD ROAD be worth now?

1 SHOREFIELD ROAD might now be worth an estimated £253,657.

This is based on house price inflation of 18.8%, between July 2020 and August 2025, for terraced houses, in the New Forest local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.8% inflationary increase is applied to the most recent sale price for 1 SHOREFIELD ROAD of £213,500 on 10th July 2020. For the value to have increased from £213,500 to £253,657 over the four years and eleven months to August 2025, the following assumptions must hold true:

• The value of 1 SHOREFIELD ROAD has moved in line with the HPI for terraced houses in the New Forest local authority area.
• The July 2020 sale price of £213,500 represented a fair market value for the property.
• The size, condition, and specification of 1 SHOREFIELD ROAD has not materially changed since July 2020.

How Large is 1 SHOREFIELD ROAD?

1 SHOREFIELD ROAD is 50m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 10% of terraced houses houses in Marchwood, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Marchwood, and where 1 SHOREFIELD ROAD lies on this distribution: 1% of terraced houses houses are smaller than 1 SHOREFIELD ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Marchwood.

1 SHOREFIELD ROAD: Plot and Title Map

1 SHOREFIELD ROAD sits on a plot of roughly 0.043 of an acre, or 173m². The below map shows the location of 1 SHOREFIELD ROAD, 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 1 SHOREFIELD ROAD). 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 1 SHOREFIELD ROAD?

1 SHOREFIELD ROAD is located in MARCHWOOD, in the SO40 postcode district. The below map shows the position of No. 1 on SHOREFIELD ROAD.