1, NEW CLOSE, BOURTON, GILLINGHAM, SP8 5DL - £370,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 NEW CLOSE is a large extended detached house of 165m², built sometime between 1967 and 1975, which could now be worth an estimated £450,011. It was last sold for £370,000 in August 2019, which was around 14% 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.

1 NEW CLOSE Sold Prices

Land registry data shows three sales for 1 NEW CLOSE since 1^st 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	£428,376	14% below HPI
1999 21 JUL	£165,000	£137,424	20% above HPI
1999 30 JUN	£165,000	£134,351	23% above HPI

1 NEW CLOSE Price Paid vs. HPI Average

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 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the August 2019 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 1 NEW CLOSE be worth now?

1 NEW CLOSE might now be worth an estimated £450,011.

This is based on house price inflation of 21.6%, between August 2019 and December 2024, for detached houses, in the Dorset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.6% inflationary increase is applied to the most recent sale price for 1 NEW CLOSE of £370,000 on 22nd August 2019. For the value to have increased from £370,000 to £450,011 over the four years and eight months to December 2024, the following assumptions must hold true:

• The value of 1 NEW CLOSE has moved in line with the HPI for detached houses in the Dorset local authority area.
• The August 2019 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 1 NEW CLOSE has not materially changed since August 2019.

How Large is 1 NEW CLOSE?

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 houses in Bourton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bourton, and where 1 NEW CLOSE lies on this distribution: 69% of detached houses 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: Plot and Title Map

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.

Where is 1 NEW CLOSE?

1 NEW CLOSE is located in BOURTON, in the SP8 postcode district. The below map shows the position of No. 1 on NEW CLOSE.