2, VECTIS CLOSE, FOUR MARKS, ALTON, GU34 5AB - £550,000

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 VECTIS CLOSE is a small detached house of 127m², built sometime between 1967 and 1975. It was last sold for £550,000 in July 2024, which was around 22% below the average July 2024 detached price in the East Hampshire local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was C.

2 VECTIS CLOSE Sold Prices

Land registry data shows two sales for 2 VECTIS 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 East Hampshire local authority area for the corresponding sale date. Both of the two 2 VECTIS 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
2024 26 JUL	£550,000	£702,210	22% below HPI
2023 6 DEC	£545,000	£708,054	23% below HPI

2 VECTIS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Hampshire local authority area over time, sourced from the HPI. The two 2 VECTIS CLOSE sales from December 2023 and July 2024 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 December 2023 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the July 2024 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 2 VECTIS CLOSE be worth now?

2 VECTIS CLOSE might now be worth an estimated £544,763.

This is based on house price deflation of 1%, between July 2024 and December 2024, for detached houses, in the East Hampshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1% deflationary decrease is applied to the most recent sale price for 2 VECTIS CLOSE of £550,000 on 26th July 2024. For the value to have decreased from £550,000 to £544,763 over the seven months to December 2024, the following assumptions must hold true:

• The value of 2 VECTIS CLOSE has moved in line with the HPI for detached houses in the East Hampshire local authority area.
• The July 2024 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of 2 VECTIS CLOSE has not materially changed since July 2024.

How Large is 2 VECTIS CLOSE?

2 VECTIS CLOSE is 127m² according to the EPC inspection conducted in September 2023. This puts it in the smallest 40% of detached houses houses in Four Marks, based on EPC data. The below chart shows the distribution of detached houses houses by size in Four Marks, and where 2 VECTIS CLOSE lies on this distribution: 35% of detached houses houses are smaller than 2 VECTIS CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Four Marks.

2 VECTIS CLOSE: Plot and Title Map

2 VECTIS CLOSE sits on a plot of roughly 0.197 of an acre, or 797m². The below map shows the location of 2 VECTIS 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 VECTIS 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 VECTIS CLOSE?

2 VECTIS CLOSE is located in FOUR MARKS, in the GU34 postcode district. The below map shows the position of No. 2 on VECTIS CLOSE.