23, BALMORAL CLOSE, SOUTHAMPTON, SO16 8ER - £375,000

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

23 BALMORAL CLOSE is a small extended detached house of 93m², built sometime between 1976 and 1982. It was last sold for £375,000 in October 2022, which was around 13% below the average October 2022 detached price in the Southampton local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was B.

23 BALMORAL CLOSE Sold Prices

Land registry data shows four sales for 23 BALMORAL 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 Southampton local authority area for the corresponding sale date. All of the four 23 BALMORAL 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
2022 25 OCT	£375,000	£431,924	13% below HPI
2016 22 DEC	£285,000	£340,633	16% below HPI
2010 8 SEP	£228,000	£254,253	10% below HPI
2004 25 NOV	£212,000	£245,752	14% below HPI

23 BALMORAL 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 four 23 BALMORAL CLOSE sales between November 2004 and October 2022 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 2016 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the October 2022 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 23 BALMORAL CLOSE?

23 BALMORAL CLOSE is 93m², which includes one extension, according to the EPC inspection conducted in August 2022. 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 23 BALMORAL CLOSE lies on this distribution: 38% of detached houses are smaller than 23 BALMORAL CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Southampton.

23 BALMORAL CLOSE: Plot and Title Map

23 BALMORAL CLOSE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 23 BALMORAL 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 23 BALMORAL 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 23 BALMORAL CLOSE?

23 BALMORAL CLOSE is located in SOUTHAMPTON, in the SO16 postcode district. The below map shows the position of No. 23 on BALMORAL CLOSE.