2, OVIAT CLOSE, TOTTON, SOUTHAMPTON, SO40 8EX - £334,950

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 OVIAT CLOSE is a large extended detached house of 112m², built sometime between 1991 and 1995, which could now be worth an estimated £438,583. It was last sold for £334,950 in December 2015, which was around 25% below the average December 2015 detached price in the New Forest local authority area. The most recent EPC inspection was May 2010, where the current energy rating was C, and the potential energy rating was C.

2 OVIAT CLOSE Sold Prices

Land registry data shows four sales for 2 OVIAT 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 OVIAT 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 11 DEC	£334,950	£444,823	25% below HPI
2010 18 JUN	£273,000	£361,154	24% below HPI
2005 30 JUN	£220,000	£318,794	31% below HPI
2001 24 MAY	£135,500	£209,186	35% below HPI

2 OVIAT 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 OVIAT CLOSE sales between May 2001 and December 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 June 2010 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the December 2015 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 2 OVIAT CLOSE be worth now?

2 OVIAT CLOSE might now be worth an estimated £438,583.

This is based on house price inflation of 30.9%, between December 2015 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 30.9% inflationary increase is applied to the most recent sale price for 2 OVIAT CLOSE of £334,950 on 11th December 2015. For the value to have increased from £334,950 to £438,583 over the ten years and ten months to February 2025, the following assumptions must hold true:

• The value of 2 OVIAT CLOSE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The December 2015 sale price of £334,950 represented a fair market value for the property.
• The size, condition, and specification of 2 OVIAT CLOSE has not materially changed since December 2015.

How Large is 2 OVIAT CLOSE?

2 OVIAT CLOSE is 112m², which includes one extension, according to the EPC inspection conducted in May 2010. This puts it in the largest 40% of detached houses houses in Totton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Totton, and where 2 OVIAT CLOSE lies on this distribution: 66% of detached houses houses are smaller than 2 OVIAT CLOSE, and 34% of houses are larger. Note that EPC data is not available for all properties in Totton.

2 OVIAT CLOSE: Plot and Title Map

2 OVIAT CLOSE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 2 OVIAT 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 OVIAT 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 OVIAT CLOSE?

2 OVIAT CLOSE is located in TOTTON, in the SO40 postcode district. The below map shows the position of No. 2 on OVIAT CLOSE.