1, TREARNAN CLOSE, SOUTHAMPTON, SO16 4NH - £300,000

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 TREARNAN CLOSE is a small detached house of 85m², built sometime between 1950 and 1966, which could now be worth an estimated £293,698. It was last sold for £300,000 in October 2022, which was around 30% below the average October 2022 detached price in the Southampton local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

1 TREARNAN CLOSE Sold Prices

Land registry data shows two sales for 1 TREARNAN 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 Southampton local authority area for the corresponding sale date. Both of the two 1 TREARNAN 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 13 OCT	£300,000	£426,510	30% below HPI
1996 22 NOV	£74,950	£82,264	9% below HPI

1 TREARNAN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Southampton local authority area over time, sourced from the HPI. The two 1 TREARNAN CLOSE sales from November 1996 and October 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 November 1996 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the October 2022 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 1 TREARNAN CLOSE be worth now?

1 TREARNAN CLOSE might now be worth an estimated £293,698.

This is based on house price deflation of 2.1%, between October 2022 and February 2025, for detached houses, in the Southampton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.1% deflationary decrease is applied to the most recent sale price for 1 TREARNAN CLOSE of £300,000 on 13th October 2022. For the value to have decreased from £300,000 to £293,698 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 1 TREARNAN CLOSE has moved in line with the HPI for detached houses in the Southampton local authority area.
• The October 2022 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 1 TREARNAN CLOSE has not materially changed since October 2022.

How Large is 1 TREARNAN CLOSE?

1 TREARNAN CLOSE is 85m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 30% of detached houses houses in Southampton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Southampton, and where 1 TREARNAN CLOSE lies on this distribution: 29% of detached houses houses are smaller than 1 TREARNAN CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Southampton.

1 TREARNAN CLOSE: Plot and Title Map

1 TREARNAN CLOSE sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of 1 TREARNAN 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 TREARNAN 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 TREARNAN CLOSE?

1 TREARNAN CLOSE is located in SOUTHAMPTON, in the SO16 postcode district. The below map shows the position of No. 1 on TREARNAN CLOSE.