5, MARVIN CLOSE, BOTLEY, SOUTHAMPTON, SO30 2EW - £340,000

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.

5 MARVIN CLOSE is a very large extended detached house of 169m², built sometime between 1950 and 1966, which could now be worth an estimated £394,357. It was last sold for £340,000 in February 2018, which was around 24% below the average February 2018 detached price in the Eastleigh local authority area. The most recent EPC inspection was February 2017, where the current energy rating was F, and the potential energy rating was C.

5 MARVIN CLOSE Sold Prices

Land registry data shows one sale for 5 MARVIN 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 Eastleigh 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
2018 2 FEB	£340,000	£448,446	24% below HPI

What might 5 MARVIN CLOSE be worth now?

5 MARVIN CLOSE might now be worth an estimated £394,357.

This is based on house price inflation of 16%, between February 2018 and April 2026, for detached houses, in the Eastleigh local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16% inflationary increase is applied to the most recent sale price for 5 MARVIN CLOSE of £340,000 on 2nd February 2018. For the value to have increased from £340,000 to £394,357 over the seven years and ten months to April 2026, the following assumptions must hold true:

• The value of 5 MARVIN CLOSE has moved in line with the HPI for detached houses in the Eastleigh local authority area.
• The February 2018 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MARVIN CLOSE has not materially changed since February 2018.

How Large is 5 MARVIN CLOSE?

5 MARVIN CLOSE is 169m², which includes one extension, according to the EPC inspection conducted in February 2017. This puts it in the largest 20% of detached houses in Botley, based on EPC data. The below chart shows the distribution of detached houses by size in Botley, and where 5 MARVIN CLOSE lies on this distribution: 81% of detached houses are smaller than 5 MARVIN CLOSE, and 18% of detached houses are larger. Note that EPC data is not available for all properties in Botley.

5 MARVIN CLOSE: Plot

5 MARVIN CLOSE sits on a plot of roughly 0.161 of an acre, or 650m².

Where is 5 MARVIN CLOSE?

5 MARVIN CLOSE is located in BOTLEY, in the SO30 postcode district.