15, ENTERPRISE CLOSE, WARSASH, SOUTHAMPTON, SO31 9BD - £355,000

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.

15 ENTERPRISE CLOSE is a small extended detached house of 98m², built sometime between 1991 and 1995, which could now be worth an estimated £429,716. It was last sold for £355,000 in December 2017, which was around 22% below the average December 2017 detached price in the Fareham local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was B.

15 ENTERPRISE CLOSE Sold Prices

Land registry data shows five sales for 15 ENTERPRISE 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 Fareham local authority area for the corresponding sale date. All of the five 15 ENTERPRISE 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 14 DEC	£355,000	£456,177	22% below HPI
2015 20 NOV	£295,000	£394,035	25% below HPI
2007 2 NOV	£280,000	£330,397	15% below HPI
2004 22 NOV	£244,950	£290,615	16% below HPI
1995 27 OCT	£83,000	£102,613	19% below HPI

15 ENTERPRISE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Fareham local authority area over time, sourced from the HPI. The five 15 ENTERPRISE CLOSE sales between October 1995 and December 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 2015 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the December 2017 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 15 ENTERPRISE CLOSE be worth now?

15 ENTERPRISE CLOSE might now be worth an estimated £429,716.

This is based on house price inflation of 21%, between December 2017 and February 2025, for detached houses, in the Fareham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21% inflationary increase is applied to the most recent sale price for 15 ENTERPRISE CLOSE of £355,000 on 14th December 2017. For the value to have increased from £355,000 to £429,716 over the eight years and ten months to February 2025, the following assumptions must hold true:

• The value of 15 ENTERPRISE CLOSE has moved in line with the HPI for detached houses in the Fareham local authority area.
• The December 2017 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 15 ENTERPRISE CLOSE has not materially changed since December 2017.

How Large is 15 ENTERPRISE CLOSE?

15 ENTERPRISE CLOSE is 98m², which includes one extension, according to the EPC inspection conducted in May 2012. This puts it in the smallest 30% of detached houses houses in Warsash, based on EPC data. The below chart shows the distribution of detached houses houses by size in Warsash, and where 15 ENTERPRISE CLOSE lies on this distribution: 27% of detached houses houses are smaller than 15 ENTERPRISE CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Warsash.

15 ENTERPRISE CLOSE: Plot and Title Map

15 ENTERPRISE CLOSE sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 15 ENTERPRISE 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 15 ENTERPRISE 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 15 ENTERPRISE CLOSE?

15 ENTERPRISE CLOSE is located in WARSASH, in the SO31 postcode district. The below map shows the position of No. 15 on ENTERPRISE CLOSE.