15, REED CLOSE, SWANMORE, SOUTHAMPTON, SO32 2FN - £340,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

15 REED CLOSE is a very small detached house of 93m². It was last sold for £340,000 in January 2020, which was around 48% below the average January 2020 detached price in the Winchester local authority area. The most recent EPC inspection was February 2016, where the current energy rating was A, and the potential energy rating was A.

15 REED CLOSE Sold Prices

Land registry data shows two sales for 15 REED 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 15 REED 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
2020 29 JAN	£340,000	£657,082	48% below HPI
2016 12 MAY	£371,000	£609,038	39% below HPI

15 REED 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 15 REED CLOSE sales from May 2016 and January 2020 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 May 2016 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the January 2020 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 15 REED CLOSE?

15 REED CLOSE is 93m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 20% of detached houses in Swanmore, based on EPC data. The below chart shows the distribution of detached houses by size in Swanmore, and where 15 REED CLOSE lies on this distribution: 12% of detached houses are smaller than 15 REED CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Swanmore.

15 REED CLOSE: Plot and Title Map

15 REED CLOSE sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 15 REED 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 REED 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 REED CLOSE?

15 REED CLOSE is located in SWANMORE, in the SO32 postcode district. The below map shows the position of No. 15 on REED CLOSE.