4, ELDER CLOSE, MARCHWOOD, SOUTHAMPTON, SO40 4SN - £95,000

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.

4 ELDER CLOSE is a midsized detached house of 106m², built sometime between 1983 and 1990, which could now be worth an estimated £509,637. It was last sold for £95,000 in April 1995, which was around 11% below the average April 1995 detached price in the New Forest local authority area. The most recent EPC inspection was December 2012, where the current energy rating was D, and the potential energy rating was B.

4 ELDER CLOSE Sold Prices

Land registry data shows one sale for 4 ELDER CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the New Forest local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
1995 12 APR	£95,000	£106,274	11% below HPI

What might 4 ELDER CLOSE be worth now?

4 ELDER CLOSE might now be worth an estimated £509,637.

This is based on house price inflation of 436.5%, between April 1995 and May 2026, for detached 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 436.5% inflationary increase is applied to the most recent sale price for 4 ELDER CLOSE of £95,000 on 12th April 1995. For the value to have increased from £95,000 to £509,637 over the 30 years and eleven months to May 2026, the following assumptions must hold true:

• The value of 4 ELDER CLOSE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The April 1995 sale price of £95,000 represented a fair market value for the property.
• The size, condition, and specification of 4 ELDER CLOSE has not materially changed since April 1995.

How Large is 4 ELDER CLOSE?

4 ELDER CLOSE is 106m² according to the EPC inspection conducted in December 2012. This puts it in the smallest 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 4 ELDER CLOSE lies on this distribution: 47% of detached houses are smaller than 4 ELDER CLOSE, and 53% of detached houses are larger. Note that EPC data is not available for all properties in Marchwood.

4 ELDER CLOSE: Plot

4 ELDER CLOSE sits on a plot of roughly 0.091 of an acre, or 369m².

Where is 4 ELDER CLOSE?

4 ELDER CLOSE is located in MARCHWOOD, in the SO40 postcode district.