2, MORRIS CLOSE, DIBDEN, SOUTHAMPTON, SO45 5UX - £320,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 MORRIS CLOSE is a very small detached house of 81m², built sometime between 1996 and 2002, which could now be worth an estimated £364,629. It was last sold for £320,000 in December 2017, which was around 37% below the average December 2017 detached price in the New Forest local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

2 MORRIS CLOSE Sold Prices

Land registry data shows four sales for 2 MORRIS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. All of the four 2 MORRIS 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
2017 18 DEC	£320,000	£511,161	37% below HPI
2014 30 APR	£242,000	£389,690	38% below HPI
2011 17 JUN	£222,500	£365,957	39% below HPI
1999 31 MAR	£104,000	£147,727	30% below HPI

2 MORRIS 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 four 2 MORRIS CLOSE sales between March 1999 and December 2017 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 April 2014 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the December 2017 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 2 MORRIS CLOSE be worth now?

2 MORRIS CLOSE might now be worth an estimated £364,629.

This is based on house price inflation of 13.9%, between December 2017 and February 2025, 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 13.9% inflationary increase is applied to the most recent sale price for 2 MORRIS CLOSE of £320,000 on 18th December 2017. For the value to have increased from £320,000 to £364,629 over the eight years and ten months to February 2025, the following assumptions must hold true:

• The value of 2 MORRIS CLOSE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The December 2017 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MORRIS CLOSE has not materially changed since December 2017.

How Large is 2 MORRIS CLOSE?

2 MORRIS CLOSE is 81m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 10% of detached houses houses in Dibden, based on EPC data. The below chart shows the distribution of detached houses houses by size in Dibden, and where 2 MORRIS CLOSE lies on this distribution: 7% of detached houses houses are smaller than 2 MORRIS CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Dibden.

2 MORRIS CLOSE: Plot and Title Map

2 MORRIS CLOSE sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 2 MORRIS 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 MORRIS 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 MORRIS CLOSE?

2 MORRIS CLOSE is located in DIBDEN, in the SO45 postcode district. The below map shows the position of No. 2 on MORRIS CLOSE.