2, ELLIOT CLOSE, TOTTON, SOUTHAMPTON, SO40 8TH - £345,000

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

2 ELLIOT CLOSE is a very small detached house of 66m², built sometime between 1983 and 1990. It was last sold for £345,000 in August 2022, which was around 42% below the average August 2022 detached price in the New Forest local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

2 ELLIOT CLOSE Sold Prices

Land registry data shows two sales for 2 ELLIOT 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 New Forest local authority area for the corresponding sale date. Both of the two 2 ELLIOT 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
2022 25 AUG	£345,000	£594,103	42% below HPI
2016 20 MAY	£250,000	£435,493	43% below HPI

2 ELLIOT 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 two 2 ELLIOT CLOSE sales from May 2016 and August 2022 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 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the August 2022 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 2 ELLIOT CLOSE?

2 ELLIOT CLOSE is 66m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 10% of detached houses in Totton, based on EPC data. The below chart shows the distribution of detached houses by size in Totton, and where 2 ELLIOT CLOSE lies on this distribution: 8% of detached houses are smaller than 2 ELLIOT CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Totton.

2 ELLIOT CLOSE: Plot and Title Map

2 ELLIOT CLOSE sits on a plot of roughly 0.047 of an acre, or 191m². The below map shows the location of 2 ELLIOT 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 ELLIOT 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 ELLIOT CLOSE?

2 ELLIOT CLOSE is located in TOTTON, in the SO40 postcode district. The below map shows the position of No. 2 on ELLIOT CLOSE.