10, THE CLOSE, PORTSMOUTH, PO6 2QT - £425,000

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.

10 THE CLOSE is a very large extended detached house of 184m², built sometime from 2007 onwards, which could now be worth an estimated £533,932. It was last sold for £425,000 in May 2017, which was around 5% above the average May 2017 detached price in the Portsmouth local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was B.

10 THE CLOSE Sold Prices

Land registry data shows two sales for 10 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 Portsmouth local authority area for the corresponding sale date. One of the two 10 THE CLOSE sales was for above the average price, whilst the other was 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
2017 18 MAY	£425,000	£406,686	5% above HPI
2011 18 APR	£250,000	£294,509	15% below HPI

10 THE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Portsmouth local authority area over time, sourced from the HPI. The two 10 THE CLOSE sales from April 2011 and May 2017 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 April 2011 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the May 2017 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 10 THE CLOSE be worth now?

10 THE CLOSE might now be worth an estimated £533,932.

This is based on house price inflation of 25.6%, between May 2017 and March 2025, for detached houses, in the Portsmouth local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 25.6% inflationary increase is applied to the most recent sale price for 10 THE CLOSE of £425,000 on 18th May 2017. For the value to have increased from £425,000 to £533,932 over the eight years and two months to March 2025, the following assumptions must hold true:

• The value of 10 THE CLOSE has moved in line with the HPI for detached houses in the Portsmouth local authority area.
• The May 2017 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 10 THE CLOSE has not materially changed since May 2017.

How Large is 10 THE CLOSE?

10 THE CLOSE is 184m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the largest 20% of detached houses houses in Portsmouth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Portsmouth, and where 10 THE CLOSE lies on this distribution: 85% of detached houses houses are smaller than 10 THE CLOSE, and 15% of houses are larger. Note that EPC data is not available for all properties in Portsmouth.

10 THE CLOSE: Plot and Title Map

10 THE CLOSE sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 10 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 10 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 10 THE CLOSE?

10 THE CLOSE is located in PORTSMOUTH, in the PO6 postcode district. The below map shows the position of No. 10 on THE CLOSE.