24, CHICHESTER CLOSE, HEDGE END, SOUTHAMPTON, SO30 2GQ - £280,000

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

24 CHICHESTER CLOSE is a very small extended detached house of 82m², built sometime between 1976 and 1982. It was last sold for £280,000 in August 2023, which was around 48% below the average August 2023 detached price in the Eastleigh local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.

24 CHICHESTER CLOSE Sold Prices

Land registry data shows two sales for 24 CHICHESTER 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 Eastleigh local authority area for the corresponding sale date. Both of the two 24 CHICHESTER 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
2023 10 AUG	£280,000	£533,351	48% below HPI
2001 10 SEP	£124,000	£200,639	38% below HPI

24 CHICHESTER CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Eastleigh local authority area over time, sourced from the HPI. The two 24 CHICHESTER CLOSE sales from September 2001 and August 2023 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 2001 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the August 2023 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 24 CHICHESTER CLOSE?

24 CHICHESTER CLOSE is 82m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the smallest 20% of detached houses in Hedge End, based on EPC data. The below chart shows the distribution of detached houses by size in Hedge End, and where 24 CHICHESTER CLOSE lies on this distribution: 15% of detached houses are smaller than 24 CHICHESTER CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Hedge End.

24 CHICHESTER CLOSE: Plot and Title Map

24 CHICHESTER CLOSE sits on a plot of roughly 0.047 of an acre, or 190m². The below map shows the location of 24 CHICHESTER 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 24 CHICHESTER 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 24 CHICHESTER CLOSE?

24 CHICHESTER CLOSE is located in HEDGE END, in the SO30 postcode district. The below map shows the position of No. 24 on CHICHESTER CLOSE.