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 LAUNCELYN CLOSE is a small extended detached house of 78m², built sometime between 1983 and 1990. It was last sold for £250,000 in January 2015, which was around 40% below the average January 2015 detached price in the Test Valley local authority area. The most recent EPC inspection was September 2014, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 2 LAUNCELYN CLOSE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Test Valley local authority area for the corresponding sale date. All of the three 2 LAUNCELYN 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 |
---|---|---|---|
2015 15 JAN | £250,000 | £418,649 | 40% below HPI |
2002 30 SEP | £185,000 | £278,442 | 34% below HPI |
1999 8 OCT | £106,000 | £177,346 | 40% below HPI |
The below graph shows the average detached house price in the Test Valley local authority area over time, sourced from the HPI. The three 2 LAUNCELYN CLOSE sales between October 1999 and January 2015 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 September 2002 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the January 2015 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.
2 LAUNCELYN CLOSE is 78m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the smallest 30% of detached houses in North Baddesley, based on EPC data. The below chart shows the distribution of detached houses by size in North Baddesley, and where 2 LAUNCELYN CLOSE lies on this distribution: 22% of detached houses are smaller than 2 LAUNCELYN CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in North Baddesley.
2 LAUNCELYN CLOSE sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 2 LAUNCELYN 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 LAUNCELYN 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.
2 LAUNCELYN CLOSE is located in NORTH BADDESLEY, in the SO52 postcode district. The below map shows the position of No. 2 on LAUNCELYN CLOSE.