1, SPENCER CLOSE, FOUR MARKS, ALTON, GU34 5JG - £385,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 SPENCER CLOSE is a very small extended detached house of 93m², built sometime between 1950 and 1966. It was last sold for £385,000 in May 2020, which was around 33% below the average May 2020 detached price in the East Hampshire local authority area. The most recent EPC inspection was December 2019, where the current energy rating was D, and the potential energy rating was C.

1 SPENCER CLOSE Sold Prices

Land registry data shows two sales for 1 SPENCER 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 East Hampshire local authority area for the corresponding sale date. Both of the two 1 SPENCER 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
2020 21 MAY	£385,000	£572,536	33% below HPI
1996 30 AUG	£89,000	£126,838	30% below HPI

1 SPENCER CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Hampshire local authority area over time, sourced from the HPI. The two 1 SPENCER CLOSE sales from August 1996 and May 2020 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 August 1996 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the May 2020 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 1 SPENCER CLOSE?

1 SPENCER CLOSE is 93m², which includes one extension, according to the EPC inspection conducted in December 2019. This puts it in the smallest 20% of detached houses in Four Marks, based on EPC data. The below chart shows the distribution of detached houses by size in Four Marks, and where 1 SPENCER CLOSE lies on this distribution: 12% of detached houses are smaller than 1 SPENCER CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Four Marks.

1 SPENCER CLOSE: Plot and Title Map

1 SPENCER CLOSE sits on a plot of roughly 0.159 of an acre, or 644m². The below map shows the location of 1 SPENCER 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 SPENCER 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 SPENCER CLOSE?

1 SPENCER CLOSE is located in FOUR MARKS, in the GU34 postcode district. The below map shows the position of No. 1 on SPENCER CLOSE.