10, NEWMARKET CLOSE, HORTON HEATH, EASTLEIGH, SO50 7LJ - £385,000

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

10 NEWMARKET CLOSE is a very small detached house of 77m², built sometime between 1991 and 1995. It was last sold for £385,000 in June 2023, which was around 27% below the average June 2023 detached price in the Eastleigh local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was B.

10 NEWMARKET CLOSE Sold Prices

Land registry data shows five sales for 10 NEWMARKET CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Eastleigh local authority area for the corresponding sale date. All of the five 10 NEWMARKET 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
2023 16 JUN	£385,000	£525,775	27% below HPI
2008 28 OCT	£200,000	£295,891	32% below HPI
2003 16 DEC	£194,000	£271,568	29% below HPI
1996 22 AUG	£84,950	£102,005	17% below HPI
1995 6 JAN	£69,960	£91,810	24% below HPI

10 NEWMARKET CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Eastleigh local authority area over time, sourced from the HPI. The five 10 NEWMARKET CLOSE sales between January 1995 and June 2023 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 2008 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the June 2023 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 10 NEWMARKET CLOSE?

10 NEWMARKET CLOSE is 77m² according to the EPC inspection conducted in February 2023. This puts it in the smallest 10% of detached houses in Horton Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Horton Heath, and where 10 NEWMARKET CLOSE lies on this distribution: 8% of detached houses are smaller than 10 NEWMARKET CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Horton Heath.

10 NEWMARKET CLOSE: Plot and Title Map

10 NEWMARKET CLOSE sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 10 NEWMARKET 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 10 NEWMARKET 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 10 NEWMARKET CLOSE?

10 NEWMARKET CLOSE is located in HORTON HEATH, in the SO50 postcode district. The below map shows the position of No. 10 on NEWMARKET CLOSE.