2, ARUN CLOSE, PETERSFIELD, GU31 4LT - £422,500

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

2 ARUN CLOSE is a very small extended detached house of 84m², built sometime between 1991 and 1995. It was last sold for £422,500 in February 2021, which was around 28% below the average February 2021 detached price in the East Hampshire local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

2 ARUN CLOSE Sold Prices

Land registry data shows four sales for 2 ARUN CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Hampshire local authority area for the corresponding sale date. All of the four 2 ARUN 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
2021 16 FEB	£422,500	£590,074	28% below HPI
2003 12 DEC	£232,500	£320,064	27% below HPI
1997 17 DEC	£122,500	£151,224	19% below HPI
1995 18 AUG	£102,450	£114,991	11% below HPI

2 ARUN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Hampshire local authority area over time, sourced from the HPI. The four 2 ARUN CLOSE sales between August 1995 and February 2021 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 2003 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the February 2021 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 2 ARUN CLOSE?

2 ARUN CLOSE is 84m², which includes two extensions, according to the EPC inspection conducted in September 2020. This puts it in the smallest 10% of detached houses in Petersfield, based on EPC data. The below chart shows the distribution of detached houses by size in Petersfield, and where 2 ARUN CLOSE lies on this distribution: 9% of detached houses are smaller than 2 ARUN CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Petersfield.

2 ARUN CLOSE: Plot and Title Map

2 ARUN CLOSE sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 2 ARUN 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 2 ARUN 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 2 ARUN CLOSE?

2 ARUN CLOSE is located in PETERSFIELD, in the GU31 postcode district. The below map shows the position of No. 2 on ARUN CLOSE.