27, GRAY CLOSE, WARSASH, SOUTHAMPTON, SO31 9TB - £429,995

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

27 GRAY CLOSE is a midsized detached house of 112m², built sometime between 1996 and 2002. It was last sold for £429,995 in February 2018, which was around 4% below the average February 2018 detached price in the Fareham local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was C.

27 GRAY CLOSE Sold Prices

Land registry data shows three sales for 27 GRAY 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 Fareham local authority area for the corresponding sale date. All of the three 27 GRAY 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
2018 2 FEB	£429,995	£447,905	4% below HPI
2015 7 OCT	£368,000	£395,014	7% below HPI
1998 29 SEP	£128,000	£131,275	2% below HPI

27 GRAY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Fareham local authority area over time, sourced from the HPI. The three 27 GRAY CLOSE sales between September 1998 and February 2018 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 October 2015 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the February 2018 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 27 GRAY CLOSE be worth now?

27 GRAY CLOSE might now be worth an estimated £525,618.

This is based on house price inflation of 22.2%, between February 2018 and December 2024, for detached houses, in the Fareham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.2% inflationary increase is applied to the most recent sale price for 27 GRAY CLOSE of £429,995 on 2nd February 2018. For the value to have increased from £429,995 to £525,618 over the five years and two months to December 2024, the following assumptions must hold true:

• The value of 27 GRAY CLOSE has moved in line with the HPI for detached houses in the Fareham local authority area.
• The February 2018 sale price of £429,995 represented a fair market value for the property.
• The size, condition, and specification of 27 GRAY CLOSE has not materially changed since February 2018.

How Large is 27 GRAY CLOSE?

27 GRAY CLOSE is 112m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 50% of detached houses houses in Warsash, based on EPC data. The below chart shows the distribution of detached houses houses by size in Warsash, and where 27 GRAY CLOSE lies on this distribution: 41% of detached houses houses are smaller than 27 GRAY CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Warsash.

27 GRAY CLOSE: Plot and Title Map

27 GRAY CLOSE sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 27 GRAY 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 27 GRAY 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 27 GRAY CLOSE?

27 GRAY CLOSE is located in WARSASH, in the SO31 postcode district. The below map shows the position of No. 27 on GRAY CLOSE.