3, CRANBOURNE CLOSE, SOUTHAMPTON, SO15 7QQ - £310,000

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

3 CRANBOURNE CLOSE is a very small detached house of 75m², built sometime between 1930 and 1949. It was last sold for £310,000 in June 2016, which was around 7% below the average June 2016 detached price in the Southampton local authority area. The most recent EPC inspection was March 2016, where the current energy rating was E, and the potential energy rating was B.

3 CRANBOURNE CLOSE Sold Prices

Land registry data shows two sales for 3 CRANBOURNE 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 Southampton local authority area for the corresponding sale date. Both of the two 3 CRANBOURNE 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
2016 17 JUN	£310,000	£332,672	7% below HPI
2005 22 FEB	£235,000	£237,773	1% below HPI

3 CRANBOURNE 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 two 3 CRANBOURNE CLOSE sales from February 2005 and June 2016 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 February 2005 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the June 2016 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 3 CRANBOURNE CLOSE?

3 CRANBOURNE CLOSE is 75m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 20% of detached houses in Southampton, based on EPC data. The below chart shows the distribution of detached houses by size in Southampton, and where 3 CRANBOURNE CLOSE lies on this distribution: 18% of detached houses are smaller than 3 CRANBOURNE CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Southampton.

3 CRANBOURNE CLOSE: Plot and Title Map

3 CRANBOURNE CLOSE sits on a plot of roughly 0.117 of an acre, or 474m². The below map shows the location of 3 CRANBOURNE 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 3 CRANBOURNE 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 3 CRANBOURNE CLOSE?

3 CRANBOURNE CLOSE is located in SOUTHAMPTON, in the SO15 postcode district. The below map shows the position of No. 3 on CRANBOURNE CLOSE.