16, SHETLAND CLOSE, TOTTON, SOUTHAMPTON, SO40 8HY - £370,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

16 SHETLAND CLOSE is a small detached house of 81m², built sometime between 1983 and 1990. It was last sold for £370,000 in March 2023, which was around 36% below the average March 2023 detached price in the New Forest local authority area. The most recent EPC inspection was December 2022, where the current energy rating was D, and the potential energy rating was B.

16 SHETLAND CLOSE Sold Prices

Land registry data shows three sales for 16 SHETLAND 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 New Forest local authority area for the corresponding sale date. All of the three 16 SHETLAND 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
2023 3 MAR	£370,000	£581,817	36% below HPI
2006 24 NOV	£233,950	£322,165	27% below HPI
1996 24 MAY	£84,000	£101,484	17% below HPI

16 SHETLAND CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the New Forest local authority area over time, sourced from the HPI. The three 16 SHETLAND CLOSE sales between May 1996 and March 2023 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 2006 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the March 2023 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 16 SHETLAND CLOSE?

16 SHETLAND CLOSE is 81m² according to the EPC inspection conducted in December 2022. This puts it in the smallest 30% of detached houses in Totton, based on EPC data. The below chart shows the distribution of detached houses by size in Totton, and where 16 SHETLAND CLOSE lies on this distribution: 25% of detached houses are smaller than 16 SHETLAND CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Totton.

16 SHETLAND CLOSE: Plot and Title Map

16 SHETLAND CLOSE sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 16 SHETLAND 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 SHETLAND 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 SHETLAND CLOSE?

16 SHETLAND CLOSE is located in TOTTON, in the SO40 postcode district. The below map shows the position of No. 16 on SHETLAND CLOSE.