7, SERLE CLOSE, TOTTON, SOUTHAMPTON, SO40 8EW - £315,000

7 SERLE CLOSE is a very small detached house of 67m², built sometime between 1983 and 1990. It was last sold for £315,000 in March 2022, which was around 46% below the average March 2022 detached price in the New Forest local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was B.

7 SERLE CLOSE Sold Prices

Land registry data shows two sales for 7 SERLE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. Both of the two 7 SERLE CLOSE 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 31 MAR	£315,000	£582,579	46% below HPI
2001 6 JUL	£129,995	£204,033	36% below HPI

7 SERLE CLOSE 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 two 7 SERLE CLOSE sales from July 2001 and March 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 2001 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the March 2022 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 7 SERLE CLOSE?

7 SERLE CLOSE is 67m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 10% of detached houses in Totton, based on EPC data. The below chart shows the distribution of detached houses by size in Totton, and where 7 SERLE CLOSE lies on this distribution: 9% of detached houses are smaller than 7 SERLE CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Totton.

7 SERLE CLOSE: Plot and Title Map

7 SERLE CLOSE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 7 SERLE CLOSE, 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 7 SERLE CLOSE). 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 7 SERLE CLOSE?

7 SERLE CLOSE is located in TOTTON, in the SO40 postcode district. The below map shows the position of No. 7 on SERLE CLOSE.