9B, PARK CLOSE, MARCHWOOD, SOUTHAMPTON, SO40 4PD - £286,000

9B PARK CLOSE is a very small detached house of 76m², built sometime from 2007 onwards. It was last sold for £286,000 in November 2020, which was around 43% below the average November 2020 detached price in the New Forest local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was B.

9B PARK CLOSE Sold Prices

Land registry data shows three sales for 9B 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 9B 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 23 NOV	£286,000	£501,287	43% below HPI
2016 12 OCT	£275,000	£442,382	38% below HPI
2011 14 JAN	£219,950	£339,016	35% below HPI

9B 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 9B PARK CLOSE sales between January 2011 and November 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 October 2016 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the November 2020 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 9B PARK CLOSE?

9B PARK CLOSE is 76m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 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 9B PARK CLOSE lies on this distribution: 8% of detached houses are smaller than 9B PARK CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Marchwood.

9B PARK CLOSE: Plot and Title Map

9B PARK CLOSE sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 9B 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 9B 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 9B PARK CLOSE?

9B PARK CLOSE is located in MARCHWOOD, in the SO40 postcode district. The below map shows the position of No. 9B on PARK CLOSE.