2, FRANKLYN CLOSE, WALTHAM CHASE, SOUTHAMPTON, SO32 2FH - £431,000

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 FRANKLYN CLOSE is a midsized extended detached house of 124m², built sometime from 2007 onwards, which could now be worth an estimated £518,821. It was last sold for £431,000 in June 2018, which was around 35% below the average June 2018 detached price in the Winchester local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was B.

2 FRANKLYN CLOSE Sold Prices

Land registry data shows two sales for 2 FRANKLYN 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 Winchester local authority area for the corresponding sale date. Both of the two 2 FRANKLYN 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 1 JUN	£431,000	£663,939	35% below HPI
2012 20 JUN	£349,945	£499,750	30% below HPI

2 FRANKLYN 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 two 2 FRANKLYN CLOSE sales from June 2012 and June 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 June 2012 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the June 2018 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 2 FRANKLYN CLOSE be worth now?

2 FRANKLYN CLOSE might now be worth an estimated £518,821.

This is based on house price inflation of 20.4%, between June 2018 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 20.4% inflationary increase is applied to the most recent sale price for 2 FRANKLYN CLOSE of £431,000 on 1st June 2018. For the value to have increased from £431,000 to £518,821 over the five years and six months to December 2024, the following assumptions must hold true:

• The value of 2 FRANKLYN CLOSE has moved in line with the HPI for detached houses in the Winchester local authority area.
• The June 2018 sale price of £431,000 represented a fair market value for the property.
• The size, condition, and specification of 2 FRANKLYN CLOSE has not materially changed since June 2018.

How Large is 2 FRANKLYN CLOSE?

2 FRANKLYN CLOSE is 124m², which includes one extension, according to the EPC inspection conducted in May 2017. 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 FRANKLYN CLOSE lies on this distribution: 47% of detached houses houses are smaller than 2 FRANKLYN CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Waltham Chase.

2 FRANKLYN CLOSE: Plot and Title Map

2 FRANKLYN CLOSE sits on a plot of roughly 0.865 of an acre, or 3,502m². The below map shows the location of 2 FRANKLYN 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 FRANKLYN 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 FRANKLYN CLOSE?

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