2, SETTLE CLOSE, SOUTHAMPTON, SO16 4RE - £170,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 SETTLE CLOSE is a small extended detached house of 94m², built sometime between 1991 and 1995. It was last sold for £170,000 in May 2009, which was around 22% below the average May 2009 detached price in the Southampton local authority area. The most recent EPC inspection was November 2008, where the current energy rating was E, and the potential energy rating was D.

2 SETTLE CLOSE Sold Prices

Land registry data shows two sales for 2 SETTLE 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 Southampton local authority area for the corresponding sale date. Both of the two 2 SETTLE 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
2009 29 MAY	£170,000	£218,547	22% below HPI
2002 2 SEP	£178,500	£199,273	10% below HPI

2 SETTLE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Southampton local authority area over time, sourced from the HPI. The two 2 SETTLE CLOSE sales from September 2002 and May 2009 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 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the May 2009 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 2 SETTLE CLOSE?

2 SETTLE CLOSE is 94m², which includes one extension, according to the EPC inspection conducted in November 2008. This puts it in the smallest 40% of detached houses in Southampton, based on EPC data. The below chart shows the distribution of detached houses by size in Southampton, and where 2 SETTLE CLOSE lies on this distribution: 39% of detached houses are smaller than 2 SETTLE CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Southampton.

2 SETTLE CLOSE: Plot and Title Map

2 SETTLE CLOSE sits on a plot of roughly 0.040 of an acre, or 161m². The below map shows the location of 2 SETTLE 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 SETTLE 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 SETTLE CLOSE?

2 SETTLE CLOSE is located in SOUTHAMPTON, in the SO16 postcode district. The below map shows the position of No. 2 on SETTLE CLOSE.