2, MERTON CLOSE, FORDINGBRIDGE, SP6 1HB - £257,500

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 MERTON CLOSE is a very small detached house of 66m², built sometime between 1967 and 1975, which could now be worth an estimated £301,424. It was last sold for £257,500 in June 2019, which was around 48% below the average June 2019 detached price in the New Forest local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was B.

2 MERTON CLOSE Sold Prices

Land registry data shows two sales for 2 MERTON 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 New Forest local authority area for the corresponding sale date. Both of the two 2 MERTON 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
2019 26 JUN	£257,500	£497,776	48% below HPI
1999 16 MAR	£90,000	£147,727	39% below HPI

2 MERTON CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the New Forest local authority area over time, sourced from the HPI. The two 2 MERTON CLOSE sales from March 1999 and June 2019 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 March 1999 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the June 2019 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

What might 2 MERTON CLOSE be worth now?

2 MERTON CLOSE might now be worth an estimated £301,424.

This is based on house price inflation of 17.1%, between June 2019 and December 2024, for detached houses, in the New Forest local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.1% inflationary increase is applied to the most recent sale price for 2 MERTON CLOSE of £257,500 on 26th June 2019. For the value to have increased from £257,500 to £301,424 over the four years and six months to December 2024, the following assumptions must hold true:

• The value of 2 MERTON CLOSE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The June 2019 sale price of £257,500 represented a fair market value for the property.
• The size, condition, and specification of 2 MERTON CLOSE has not materially changed since June 2019.

How Large is 2 MERTON CLOSE?

2 MERTON CLOSE is 66m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 10% of detached houses houses in Fordingbridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fordingbridge, and where 2 MERTON CLOSE lies on this distribution: 6% of detached houses houses are smaller than 2 MERTON CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Fordingbridge.

2 MERTON CLOSE: Plot and Title Map

2 MERTON CLOSE sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 2 MERTON 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 MERTON 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 MERTON CLOSE?

2 MERTON CLOSE is located in FORDINGBRIDGE, in the SP6 postcode district. The below map shows the position of No. 2 on MERTON CLOSE.