11, ORCHID CLOSE, KNOWLE, FAREHAM, PO17 5GG - £357,000

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

11 ORCHID CLOSE is a very small detached house of 90m², built sometime between 1996 and 2002. It was last sold for £357,000 in June 2021, which was around 47% below the average June 2021 detached price in the Winchester local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

11 ORCHID CLOSE Sold Prices

Land registry data shows three sales for 11 ORCHID CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Winchester local authority area for the corresponding sale date. All of the three 11 ORCHID 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
2021 25 JUN	£357,000	£676,687	47% below HPI
2017 7 MAR	£315,000	£650,613	52% below HPI
2010 26 MAY	£230,000	£464,213	50% below HPI

11 ORCHID CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Winchester local authority area over time, sourced from the HPI. The three 11 ORCHID CLOSE sales between May 2010 and June 2021 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 March 2017 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the June 2021 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 11 ORCHID CLOSE?

11 ORCHID CLOSE is 90m² according to the EPC inspection conducted in March 2021. This puts it in the smallest 10% of detached houses in Knowle, based on EPC data. The below chart shows the distribution of detached houses by size in Knowle, and where 11 ORCHID CLOSE lies on this distribution: 7% of detached houses are smaller than 11 ORCHID CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Knowle.

11 ORCHID CLOSE: Plot and Title Map

11 ORCHID CLOSE sits on a plot of roughly 0.062 of an acre, or 253m². The below map shows the location of 11 ORCHID 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 11 ORCHID 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 11 ORCHID CLOSE?

11 ORCHID CLOSE is located in KNOWLE, in the PO17 postcode district. The below map shows the position of No. 11 on ORCHID CLOSE.