LARCHWOOD, NEW INN LANE, BARTLEY, SOUTHAMPTON, SO40 2LS - £325,000

LARCHWOOD is a small detached house of 94m², built in 2022. It was last sold for £325,000 in September 2022, which was around 46% below the average September 2022 detached price in the New Forest local authority area. The most recent EPC inspection was January 2024, where the current energy rating was A, and the potential energy rating was A.

LARCHWOOD Sold Prices

Land registry data shows five sales for LARCHWOOD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. All of the five LARCHWOOD 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
2022 2 SEP	£325,000	£602,004	46% below HPI
2019 22 JUL	£268,000	£469,845	43% below HPI
2007 14 SEP	£250,000	£348,520	28% below HPI
2006 21 AUG	£225,000	£316,848	29% below HPI
2003 28 NOV	£180,000	£282,979	36% below HPI

LARCHWOOD 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 five LARCHWOOD sales between November 2003 and September 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 July 2019 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the September 2022 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is LARCHWOOD?

LARCHWOOD is 94m² according to the EPC inspection conducted in January 2024. This puts it in the smallest 30% of detached houses in Bartley, based on EPC data. The below chart shows the distribution of detached houses by size in Bartley, and where LARCHWOOD lies on this distribution: 23% of detached houses are smaller than LARCHWOOD, and 76% of houses are larger. Note that EPC data is not available for all properties in Bartley.

LARCHWOOD: Plot and Title Map

LARCHWOOD sits on a plot of roughly 0.067 of an acre, or 269m². The below map shows the location of LARCHWOOD, 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 LARCHWOOD). 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 LARCHWOOD?

LARCHWOOD is located on NEW INN LANE in BARTLEY, in the SO40 postcode district. The below map shows the position of LARCHWOOD on NEW INN LANE.