Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
25 MARCHMENT CLOSE is a midsized detached house of 139m². It was last sold for £392,000 in March 2021, which was around 25% below the average March 2021 detached price in the Test Valley local authority area. The most recent EPC inspection was September 2019, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows two sales for 25 MARCHMENT CLOSE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Test Valley local authority area for the corresponding sale date. Both of the two 25 MARCHMENT 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 |
---|---|---|---|
2021 12 MAR | £392,000 | £524,237 | 25% below HPI |
2019 27 SEP | £399,000 | £510,960 | 22% below HPI |
The below graph shows the average detached house price in the Test Valley local authority area over time, sourced from the HPI. The two 25 MARCHMENT CLOSE sales from September 2019 and March 2021 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 2019 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the March 2021 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.
25 MARCHMENT CLOSE is 139m² according to the EPC inspection conducted in September 2019. This puts it in the largest 40% of detached houses in Picket Piece, based on EPC data. The below chart shows the distribution of detached houses by size in Picket Piece, and where 25 MARCHMENT CLOSE lies on this distribution: 57% of detached houses are smaller than 25 MARCHMENT CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Picket Piece.
25 MARCHMENT CLOSE sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 25 MARCHMENT 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 25 MARCHMENT 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.
25 MARCHMENT CLOSE is located in PICKET PIECE, in the SP11 postcode district. The below map shows the position of No. 25 on MARCHMENT CLOSE.