24, LONG LANE CLOSE, HOLBURY, SOUTHAMPTON, SO45 2LE - £275,000

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 LONG LANE CLOSE is a very large extended detached house of 123m², built sometime between 1967 and 1975. It was last sold for £275,000 in September 2013, which was around 23% below the average September 2013 detached price in the New Forest local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was C.

24 LONG LANE CLOSE Sold Prices

Land registry data shows three sales for 24 LONG LANE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. All of the three 24 LONG LANE 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
2013 17 SEP	£275,000	£355,172	23% below HPI
2006 14 DEC	£242,000	£323,640	25% below HPI
2003 25 NOV	£235,500	£282,979	17% below HPI

24 LONG LANE 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 three 24 LONG LANE CLOSE sales between November 2003 and September 2013 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 2006 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the September 2013 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 24 LONG LANE CLOSE?

24 LONG LANE CLOSE is 123m², which includes two extensions, according to the EPC inspection conducted in May 2013. This puts it in the largest 20% of detached houses in Holbury, based on EPC data. The below chart shows the distribution of detached houses by size in Holbury, and where 24 LONG LANE CLOSE lies on this distribution: 80% of detached houses are smaller than 24 LONG LANE CLOSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Holbury.

24 LONG LANE CLOSE: Plot and Title Map

24 LONG LANE CLOSE sits on a plot of roughly 0.107 of an acre, or 435m². The below map shows the location of 24 LONG LANE 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 LONG LANE 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 LONG LANE CLOSE?

24 LONG LANE CLOSE is located in HOLBURY, in the SO45 postcode district. The below map shows the position of No. 24 on LONG LANE CLOSE.