Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
1 NEW CLOSE is a large extended detached house of 165m², built sometime between 1967 and 1975. It was last sold for £370,000 in August 2019, which was around 11% below the average August 2019 detached price in the Dorset local authority area. The most recent EPC inspection was May 2019, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 1 NEW CLOSE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Dorset local authority area for the corresponding sale date. One of the three 1 NEW CLOSE sales was for below the average price, whilst two 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 |
---|---|---|---|
2019 22 AUG | £370,000 | £415,438 | 11% below HPI |
1999 21 JUL | £165,000 | £133,274 | 24% above HPI |
1999 30 JUN | £165,000 | £130,293 | 27% above HPI |
The below graph shows the average detached house price in the Dorset local authority area over time, sourced from the HPI. The three 1 NEW CLOSE sales between June 1999 and August 2019 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 1999 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the August 2019 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.
1 NEW CLOSE is 165m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the largest 40% of detached houses in Bourton, based on EPC data. The below chart shows the distribution of detached houses by size in Bourton, and where 1 NEW CLOSE lies on this distribution: 69% of detached houses are smaller than 1 NEW CLOSE, and 31% of houses are larger. Note that EPC data is not available for all properties in Bourton.
1 NEW CLOSE sits on a plot of roughly 0.187 of an acre, or 758m². The below map shows the location of 1 NEW 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 NEW 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.
1 NEW CLOSE is located in BOURTON, in the SP8 postcode district. The below map shows the position of No. 1 on NEW CLOSE.