2, THE ROWANS, MARCHWOOD, SOUTHAMPTON, SO40 4YW - £297,500

2 THE ROWANS is a large extended detached house of 119m², built sometime between 1983 and 1990. It was last sold for £297,500 in September 2013, which was around 16% below the average September 2013 detached price in the New Forest local authority area. The most recent EPC inspection was July 2013, where the current energy rating was C, and the potential energy rating was B.

2 THE ROWANS Sold Prices

Land registry data shows three sales for 2 THE ROWANS 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 2 THE ROWANS 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
2013 30 SEP	£297,500	£355,172	16% below HPI
1998 24 JUL	£98,000	£132,207	26% below HPI
1995 31 MAR	£77,000	£101,453	24% below HPI

2 THE ROWANS 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 2 THE ROWANS sales between March 1995 and September 2013 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 July 1998 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the September 2013 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 2 THE ROWANS?

2 THE ROWANS is 119m², which includes one extension, according to the EPC inspection conducted in July 2013. This puts it in the largest 40% of detached houses in Marchwood, based on EPC data. The below chart shows the distribution of detached houses by size in Marchwood, and where 2 THE ROWANS lies on this distribution: 66% of detached houses are smaller than 2 THE ROWANS, and 33% of houses are larger. Note that EPC data is not available for all properties in Marchwood.

2 THE ROWANS: Plot and Title Map

2 THE ROWANS sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 2 THE ROWANS, 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 2 THE ROWANS). 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 2 THE ROWANS?

2 THE ROWANS is located in MARCHWOOD, in the SO40 postcode district. The below map shows the position of No. 2 on THE ROWANS.