1, THE CLOSE, HOLBURY, SOUTHAMPTON, SO45 2PG - £450,000

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 THE CLOSE is a very large extended detached house of 138m², built sometime between 1976 and 1982, which could now be worth an estimated £426,082. It was last sold for £450,000 in May 2022, which was around 27% below the average May 2022 detached price in the New Forest local authority area. The most recent EPC inspection was October 2024, where the current energy rating was B, and the potential energy rating was B.

1 THE CLOSE Sold Prices

Land registry data shows two sales for 1 THE 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 1 THE 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 30 MAY	£450,000	£615,146	27% below HPI
2007 12 OCT	£244,950	£376,832	35% below HPI

1 THE 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 1 THE CLOSE sales from October 2007 and May 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 October 2007 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the May 2022 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 1 THE CLOSE be worth now?

1 THE CLOSE might now be worth an estimated £426,082.

This is based on house price deflation of 5.3%, between May 2022 and February 2025, for detached houses, in the New Forest local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.3% deflationary decrease is applied to the most recent sale price for 1 THE CLOSE of £450,000 on 30th May 2022. For the value to have decreased from £450,000 to £426,082 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 1 THE CLOSE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The May 2022 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 1 THE CLOSE has not materially changed since May 2022.

How Large is 1 THE CLOSE?

1 THE CLOSE is 138m², which includes four extensions, according to the EPC inspection conducted in October 2024. This puts it in the largest 20% of detached houses houses in Holbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Holbury, and where 1 THE CLOSE lies on this distribution: 87% of detached houses houses are smaller than 1 THE CLOSE, and 13% of houses are larger. Note that EPC data is not available for all properties in Holbury.

1 THE CLOSE: Plot and Title Map

1 THE CLOSE sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 1 THE 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 THE 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 THE CLOSE?

1 THE CLOSE is located in HOLBURY, in the SO45 postcode district. The below map shows the position of No. 1 on THE CLOSE.