2, CHASE FARM CLOSE, WALTHAM CHASE, SOUTHAMPTON, SO32 2UD - £530,000

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

2 CHASE FARM CLOSE is a midsized detached house of 120m², built sometime between 1983 and 1990, which could now be worth an estimated £625,871. It was last sold for £530,000 in March 2021, which was around 22% below the average March 2021 detached price in the Winchester local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was D.

2 CHASE FARM CLOSE Sold Prices

Land registry data shows five sales for 2 CHASE FARM 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 Winchester local authority area for the corresponding sale date. All of the five 2 CHASE FARM 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 19 MAR	£530,000	£676,799	22% below HPI
2015 17 MAR	£415,000	£581,541	29% below HPI
2000 21 JAN	£192,500	£230,421	16% below HPI
1997 3 OCT	£140,000	£173,505	19% below HPI
1995 20 OCT	£127,000	£139,830	9% below HPI

2 CHASE FARM 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 five 2 CHASE FARM CLOSE sales between October 1995 and March 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 March 2015 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the March 2021 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 2 CHASE FARM CLOSE be worth now?

2 CHASE FARM CLOSE might now be worth an estimated £625,871.

This is based on house price inflation of 18.1%, between March 2021 and December 2024, for detached houses, in the Winchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.1% inflationary increase is applied to the most recent sale price for 2 CHASE FARM CLOSE of £530,000 on 19th March 2021. For the value to have increased from £530,000 to £625,871 over the two years and three months to December 2024, the following assumptions must hold true:

• The value of 2 CHASE FARM CLOSE has moved in line with the HPI for detached houses in the Winchester local authority area.
• The March 2021 sale price of £530,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CHASE FARM CLOSE has not materially changed since March 2021.

How Large is 2 CHASE FARM CLOSE?

2 CHASE FARM CLOSE is 120m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 50% of detached houses houses in Waltham Chase, based on EPC data. The below chart shows the distribution of detached houses houses by size in Waltham Chase, and where 2 CHASE FARM CLOSE lies on this distribution: 43% of detached houses houses are smaller than 2 CHASE FARM CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Waltham Chase.

2 CHASE FARM CLOSE: Plot and Title Map

2 CHASE FARM CLOSE sits on a plot of roughly 0.162 of an acre, or 654m². The below map shows the location of 2 CHASE FARM 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 CHASE FARM 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 CHASE FARM CLOSE?

2 CHASE FARM CLOSE is located in WALTHAM CHASE, in the SO32 postcode district. The below map shows the position of No. 2 on CHASE FARM CLOSE.