2, GILES CLOSE, HEDGE END, SOUTHAMPTON, SO30 2TH - £235,000

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 GILES CLOSE is a very small detached house of 85m², built sometime between 1983 and 1990. It was last sold for £235,000 in September 2011, which was around 27% below the average September 2011 detached price in the Eastleigh local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was C.

2 GILES CLOSE Sold Prices

Land registry data shows three sales for 2 GILES 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 GILES 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
2011 23 SEP	£235,000	£321,126	27% below HPI
2002 29 NOV	£204,000	£259,633	21% below HPI
2002 28 MAR	£159,000	£209,244	24% below HPI

2 GILES 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 GILES CLOSE sales between March 2002 and September 2011 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 November 2002 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the September 2011 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 2 GILES CLOSE?

2 GILES CLOSE is 85m² according to the EPC inspection conducted in December 2013. This puts it in the smallest 20% of detached houses in Hedge End, based on EPC data. The below chart shows the distribution of detached houses by size in Hedge End, and where 2 GILES CLOSE lies on this distribution: 18% of detached houses are smaller than 2 GILES CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Hedge End.

2 GILES CLOSE: Plot and Title Map

2 GILES CLOSE sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 2 GILES 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 GILES 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 GILES CLOSE?

2 GILES CLOSE is located in HEDGE END, in the SO30 postcode district. The below map shows the position of No. 2 on GILES CLOSE.