Lakefields Drake Close

    LAKEFIELDS, DRAKE CLOSE, MARCHWOOD, SOUTHAMPTON, SO40 4XB

    This detached freehold property on Drake Close last sold in April 2015 for £338,000. Based on price growth in the SO40 district since then, its estimated current value is £493,317 — placing it in the 78th percentile nationally and the 81st percentile within SO40. The property covers 129 m² (1,389 sq ft), giving an estimated value of £3,824 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    129 m²

    (1,389 sq ft)

    Last Sale Price

    £338,000

    Apr 2015

    Estimated Valuation

    £493,317

    Est. £/m²

    £3,824/m²

    £355/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area129 m² (1,389 sq ft)
    EPC dateOct 2013
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    2 Apr 2015

    £338,000

    3 Dec 2003

    £250,000

    Key Metrics

    Estimated valuation£493,317
    Value per m² / sq ft£3,824/m² (£355/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    SO40 district percentile81st percentile
    National percentile78th percentile

    District Context — SO40

    SO40 covers the New Forest area and surrounding villages in south-west Hampshire, positioned between Bournemouth and Southampton. It is a predominantly rural and semi-rural district with strong appeal to families, retirees, and those seeking countryside living within commuting distance of major towns.

    Average Property Price - SO40

    £363,099

    59

    National percentile

    Average Net Household Income - SO40

    £42,546

    68

    National percentile

    10-Year Annualised Price Growth - SO40

    3.5%

    48

    National percentile

    10-Year Annualised Rent Growth - SO

    3.8%

    44

    National percentile

    View full analysis for SO40

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