1, GRAY CLOSE, WARSASH, SOUTHAMPTON, SO31 9TB - £282,500

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.

1 GRAY CLOSE is a small detached house of 97m², built sometime between 1983 and 1990, which could now be worth an estimated £545,079. It was last sold for £282,500 in October 2005, which was around 1% below the average October 2005 detached price in the Fareham local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

1 GRAY CLOSE Sold Prices

Land registry data shows two sales for 1 GRAY 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 Fareham local authority area for the corresponding sale date. Both of the two 1 GRAY 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
2005 28 OCT	£282,500	£286,184	1% below HPI
2002 30 APR	£191,000	£214,222	11% below HPI

1 GRAY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Fareham local authority area over time, sourced from the HPI. The two 1 GRAY CLOSE sales from April 2002 and October 2005 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 April 2002 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the October 2005 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 1 GRAY CLOSE be worth now?

1 GRAY CLOSE might now be worth an estimated £545,079.

This is based on house price inflation of 92.9%, between October 2005 and February 2025, for detached houses, in the Fareham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 92.9% inflationary increase is applied to the most recent sale price for 1 GRAY CLOSE of £282,500 on 28th October 2005. For the value to have increased from £282,500 to £545,079 over the twenty years and eight months to February 2025, the following assumptions must hold true:

• The value of 1 GRAY CLOSE has moved in line with the HPI for detached houses in the Fareham local authority area.
• The October 2005 sale price of £282,500 represented a fair market value for the property.
• The size, condition, and specification of 1 GRAY CLOSE has not materially changed since October 2005.

How Large is 1 GRAY CLOSE?

1 GRAY CLOSE is 97m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 30% of detached houses houses in Warsash, based on EPC data. The below chart shows the distribution of detached houses houses by size in Warsash, and where 1 GRAY CLOSE lies on this distribution: 26% of detached houses houses are smaller than 1 GRAY CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Warsash.

1 GRAY CLOSE: Plot and Title Map

1 GRAY CLOSE sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 1 GRAY 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 1 GRAY 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 1 GRAY CLOSE?

1 GRAY CLOSE is located in WARSASH, in the SO31 postcode district. The below map shows the position of No. 1 on GRAY CLOSE.