12, ORCHID CLOSE, KNOWLE, FAREHAM, PO17 5GG - £525,000

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.

12 ORCHID CLOSE is a small extended detached house of 133m², built sometime between 2003 and 2006, which could now be worth an estimated £506,602. It was last sold for £525,000 in November 2024, which was around 34% below the average November 2024 detached price in the Winchester local authority area. The most recent EPC inspection was August 2024, where the current energy rating was B, and the potential energy rating was B.

12 ORCHID CLOSE Sold Prices

Land registry data shows five sales for 12 ORCHID 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 Winchester local authority area for the corresponding sale date. All of the five 12 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
2024 18 NOV	£525,000	£798,231	34% below HPI
2020 16 OCT	£435,000	£706,808	38% below HPI
2019 20 SEP	£415,000	£693,561	40% below HPI
2017 2 FEB	£410,000	£657,216	38% below HPI
2006 8 DEC	£380,000	£427,594	11% below HPI

12 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 five 12 ORCHID CLOSE sales between December 2006 and November 2024 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 2020 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the November 2024 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 12 ORCHID CLOSE be worth now?

12 ORCHID CLOSE might now be worth an estimated £506,602.

This is based on house price deflation of 3.5%, between November 2024 and February 2025, for detached houses, in the Winchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.5% deflationary decrease is applied to the most recent sale price for 12 ORCHID CLOSE of £525,000 on 18th November 2024. For the value to have decreased from £525,000 to £506,602 over the one year and nine months to February 2025, the following assumptions must hold true:

• The value of 12 ORCHID CLOSE has moved in line with the HPI for detached houses in the Winchester local authority area.
• The November 2024 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of 12 ORCHID CLOSE has not materially changed since November 2024.

How Large is 12 ORCHID CLOSE?

12 ORCHID CLOSE is 133m², which includes one extension, according to the EPC inspection conducted in August 2024. This puts it in the smallest 40% of detached houses houses in Knowle, based on EPC data. The below chart shows the distribution of detached houses houses by size in Knowle, and where 12 ORCHID CLOSE lies on this distribution: 34% of detached houses houses are smaller than 12 ORCHID CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Knowle.

12 ORCHID CLOSE: Plot and Title Map

12 ORCHID CLOSE sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 12 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 12 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 12 ORCHID CLOSE?

12 ORCHID CLOSE is located in KNOWLE, in the PO17 postcode district. The below map shows the position of No. 12 on ORCHID CLOSE.