12, RUSSET CLOSE, ALRESFORD, SO24 9PS - £370,000

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 RUSSET CLOSE is a small extended detached house of 96m², built sometime between 2003 and 2006, which could now be worth an estimated £433,640. It was last sold for £370,000 in February 2017, which was around 44% below the average February 2017 detached price in the Winchester local authority area. The most recent EPC inspection was November 2015, where the current energy rating was C, and the potential energy rating was B.

12 RUSSET CLOSE Sold Prices

Land registry data shows two sales for 12 RUSSET 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 Winchester local authority area for the corresponding sale date. Both of the two 12 RUSSET 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
2017 1 FEB	£370,000	£657,216	44% below HPI
2003 27 NOV	£222,500	£378,276	41% below HPI

12 RUSSET 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 two 12 RUSSET CLOSE sales from November 2003 and February 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 November 2003 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the February 2017 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might 12 RUSSET CLOSE be worth now?

12 RUSSET CLOSE might now be worth an estimated £433,640.

This is based on house price inflation of 17.2%, between February 2017 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 17.2% inflationary increase is applied to the most recent sale price for 12 RUSSET CLOSE of £370,000 on 1st February 2017. For the value to have increased from £370,000 to £433,640 over the eight years to February 2025, the following assumptions must hold true:

• The value of 12 RUSSET CLOSE has moved in line with the HPI for detached houses in the Winchester local authority area.
• The February 2017 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 12 RUSSET CLOSE has not materially changed since February 2017.

How Large is 12 RUSSET CLOSE?

12 RUSSET CLOSE is 96m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the smallest 30% of detached houses houses in New Alresford, based on EPC data. The below chart shows the distribution of detached houses houses by size in New Alresford, and where 12 RUSSET CLOSE lies on this distribution: 27% of detached houses houses are smaller than 12 RUSSET CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in New Alresford.

12 RUSSET CLOSE: Plot and Title Map

12 RUSSET CLOSE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 12 RUSSET 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 RUSSET 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 RUSSET CLOSE?

12 RUSSET CLOSE is located in ALRESFORD, in the SO24 postcode district. The below map shows the position of No. 12 on RUSSET CLOSE.