WOODLANDS, PARK LANE, MARCHWOOD, SOUTHAMPTON, SO40 4WL - £430,000

WOODLANDS is a very large detached house of 176m², built sometime between 1991 and 1995. It was last sold for £430,000 in July 2016, which was around 1% below the average July 2016 detached price in the New Forest local authority area. The most recent EPC inspection was December 2015, where the current energy rating was C, and the potential energy rating was B.

WOODLANDS Sold Prices

Land registry data shows five sales for WOODLANDS 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. Most of the five WOODLANDS sales were for above 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
2016 15 JUL	£430,000	£434,985	1% below HPI
2005 31 OCT	£322,000	£302,783	6% above HPI
2002 11 OCT	£320,000	£253,755	26% above HPI
1999 6 DEC	£177,000	£157,204	13% above HPI
1998 8 MAY	£87,500	£131,110	33% below HPI

WOODLANDS 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 WOODLANDS sales between May 1998 and July 2016 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 2005 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the July 2016 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is WOODLANDS?

WOODLANDS is 176m² according to the EPC inspection conducted in December 2015. This puts it in the largest 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 WOODLANDS lies on this distribution: 95% of detached houses are smaller than WOODLANDS, and 5% of houses are larger. Note that EPC data is not available for all properties in Marchwood.

WOODLANDS: Plot and Title Map

WOODLANDS sits on a plot of roughly 0.126 of an acre, or 511m². The below map shows the location of WOODLANDS, 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 WOODLANDS). 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 WOODLANDS?

WOODLANDS is located on PARK LANE in MARCHWOOD, in the SO40 postcode district. The below map shows the position of WOODLANDS on PARK LANE.