2, FORGE CLOSE, BURSLEDON, SOUTHAMPTON, SO31 8GR - £308,000

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 FORGE CLOSE is a very small detached house of 77m², built sometime between 1983 and 1990. It was last sold for £308,000 in May 2018, which was around 31% below the average May 2018 detached price in the Eastleigh local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was C.

2 FORGE CLOSE Sold Prices

Land registry data shows three sales for 2 FORGE 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 2 FORGE 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
2018 18 MAY	£308,000	£448,600	31% below HPI
2010 28 MAY	£245,000	£312,913	22% below HPI
2005 30 SEP	£187,000	£291,828	36% below HPI

2 FORGE 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 2 FORGE CLOSE sales between September 2005 and May 2018 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 2010 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the May 2018 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 2 FORGE CLOSE?

2 FORGE CLOSE is 77m² according to the EPC inspection conducted in February 2010. This puts it in the smallest 10% of detached houses in Lowford, based on EPC data. The below chart shows the distribution of detached houses by size in Lowford, and where 2 FORGE CLOSE lies on this distribution: 3% of detached houses are smaller than 2 FORGE CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Lowford.

2 FORGE CLOSE: Plot and Title Map

2 FORGE CLOSE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 2 FORGE 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 FORGE 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 FORGE CLOSE?

2 FORGE CLOSE is located in BURSLEDON, in the SO31 postcode district. The below map shows the position of No. 2 on FORGE CLOSE.