2, LATELIE CLOSE, NETLEY ABBEY, SOUTHAMPTON, SO31 5AG - £250,000

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 LATELIE CLOSE is a small extended detached house of 96m², built sometime between 1950 and 1966. It was last sold for £250,000 in December 2010, which was around 22% below the average December 2010 detached price in the Eastleigh local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was C.

2 LATELIE CLOSE Sold Prices

Land registry data shows two sales for 2 LATELIE 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 Eastleigh local authority area for the corresponding sale date. Both of the two 2 LATELIE 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
2010 16 DEC	£250,000	£321,520	22% below HPI
2003 12 DEC	£249,995	£271,568	8% below HPI

2 LATELIE 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 two 2 LATELIE CLOSE sales from December 2003 and December 2010 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 December 2003 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the December 2010 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 2 LATELIE CLOSE?

2 LATELIE CLOSE is 96m², which includes one extension, according to the EPC inspection conducted in May 2010. This puts it in the smallest 40% of detached houses in Netley, based on EPC data. The below chart shows the distribution of detached houses by size in Netley, and where 2 LATELIE CLOSE lies on this distribution: 36% of detached houses are smaller than 2 LATELIE CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Netley.

2 LATELIE CLOSE: Plot and Title Map

2 LATELIE CLOSE sits on a plot of roughly 0.135 of an acre, or 545m². The below map shows the location of 2 LATELIE 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 LATELIE 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 LATELIE CLOSE?

2 LATELIE CLOSE is located in NETLEY ABBEY, in the SO31 postcode district. The below map shows the position of No. 2 on LATELIE CLOSE.