3, PARK CLOSE, MARCHWOOD, SOUTHAMPTON, SO40 4PD - £370,000

3 PARK CLOSE is a midsized detached house of 113m², built sometime between 1991 and 1995. It was last sold for £370,000 in May 2020, which was around 23% below the average May 2020 detached price in the New Forest local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was C.

3 PARK CLOSE Sold Prices

Land registry data shows three sales for 3 PARK CLOSE 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 3 PARK CLOSE 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 28 MAY	£370,000	£478,474	23% below HPI
2013 12 APR	£276,500	£350,831	21% below HPI
2010 21 JAN	£273,000	£329,226	17% below HPI

3 PARK CLOSE 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 3 PARK CLOSE sales between January 2010 and May 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 April 2013 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the May 2020 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 3 PARK CLOSE?

3 PARK CLOSE is 113m² according to the EPC inspection conducted in June 2012. This puts it in the largest 50% of detached houses in Marchwood, based on EPC data. The below chart shows the distribution of detached houses by size in Marchwood, and where 3 PARK CLOSE lies on this distribution: 58% of detached houses are smaller than 3 PARK CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Marchwood.

3 PARK CLOSE: Plot and Title Map

3 PARK CLOSE sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 3 PARK CLOSE, 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 3 PARK CLOSE). 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 3 PARK CLOSE?

3 PARK CLOSE is located in MARCHWOOD, in the SO40 postcode district. The below map shows the position of No. 3 on PARK CLOSE.