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

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

3 CRANBOURNE CLOSE is a very small detached house of 75m², built sometime between 1930 and 1949, which could now be worth an estimated £394,034. It was last sold for £310,000 in June 2016, which was around 6% 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. One of the two 3 CRANBOURNE CLOSE sales was for below the average price, whilst the other was roughly equal to 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	£328,502	6% below HPI
2005 22 FEB	£235,000	£234,793	Close to 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 roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the June 2016 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 3 CRANBOURNE CLOSE be worth now?

3 CRANBOURNE CLOSE might now be worth an estimated £394,034.

This is based on house price inflation of 27.1%, between June 2016 and February 2025, for detached houses, in the Southampton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 27.1% inflationary increase is applied to the most recent sale price for 3 CRANBOURNE CLOSE of £310,000 on 17th June 2016. For the value to have increased from £310,000 to £394,034 over the nine years and four months to February 2025, the following assumptions must hold true:

• The value of 3 CRANBOURNE CLOSE has moved in line with the HPI for detached houses in the Southampton local authority area.
• The June 2016 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CRANBOURNE CLOSE has not materially changed since June 2016.

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 houses in Southampton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Southampton, and where 3 CRANBOURNE CLOSE lies on this distribution: 18% of detached houses 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.