16, GARRATT CLOSE, HEDGE END, SOUTHAMPTON, SO30 2XD - £285,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

16 GARRATT CLOSE is a very small detached house of 57m², built sometime between 1991 and 1995. It was last sold for £285,000 in January 2015, which was around 23% below the average January 2015 detached price in the Eastleigh local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

16 GARRATT CLOSE Sold Prices

Land registry data shows three sales for 16 GARRATT 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 Eastleigh local authority area for the corresponding sale date. All of the three 16 GARRATT 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
2015 9 JAN	£285,000	£369,617	23% below HPI
2002 20 DEC	£190,000	£267,590	29% below HPI
1996 13 SEP	£79,500	£103,646	23% below HPI

16 GARRATT CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Eastleigh local authority area over time, sourced from the HPI. The three 16 GARRATT CLOSE sales between September 1996 and January 2015 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 December 2002 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the January 2015 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 16 GARRATT CLOSE be worth now?

16 GARRATT CLOSE might now be worth an estimated £424,034.

This is based on house price inflation of 48.8%, between January 2015 and December 2024, for detached houses, in the Eastleigh local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 48.8% inflationary increase is applied to the most recent sale price for 16 GARRATT CLOSE of £285,000 on 9th January 2015. For the value to have increased from £285,000 to £424,034 over the eight years and one month to December 2024, the following assumptions must hold true:

• The value of 16 GARRATT CLOSE has moved in line with the HPI for detached houses in the Eastleigh local authority area.
• The January 2015 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 16 GARRATT CLOSE has not materially changed since January 2015.

How Large is 16 GARRATT CLOSE?

16 GARRATT CLOSE is 57m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 10% of detached houses houses in Hedge End, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hedge End, and where 16 GARRATT CLOSE lies on this distribution: 1% of detached houses houses are smaller than 16 GARRATT CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Hedge End.

16 GARRATT CLOSE: Plot and Title Map

16 GARRATT CLOSE sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 16 GARRATT 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 16 GARRATT 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 16 GARRATT CLOSE?

16 GARRATT CLOSE is located in HEDGE END, in the SO30 postcode district. The below map shows the position of No. 16 on GARRATT CLOSE.