3, ELMTREE CLOSE, ASHURST, SOUTHAMPTON, SO40 7FD - £315,000

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 ELMTREE CLOSE is a small extended detached house of 87m², built sometime between 1967 and 1975. It was last sold for £315,000 in November 2015, which was around 25% below the average November 2015 detached price in the New Forest local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was C.

3 ELMTREE CLOSE Sold Prices

Land registry data shows two sales for 3 ELMTREE 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 New Forest local authority area for the corresponding sale date. Both of the two 3 ELMTREE 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
2015 24 NOV	£315,000	£418,435	25% below HPI
2001 16 MAR	£155,000	£187,435	17% below HPI

3 ELMTREE 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 two 3 ELMTREE CLOSE sales from March 2001 and November 2015 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 March 2001 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the November 2015 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 3 ELMTREE CLOSE?

3 ELMTREE CLOSE is 87m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the smallest 30% of detached houses in Ashurst, based on EPC data. The below chart shows the distribution of detached houses by size in Ashurst, and where 3 ELMTREE CLOSE lies on this distribution: 27% of detached houses are smaller than 3 ELMTREE CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Ashurst.

3 ELMTREE CLOSE: Plot and Title Map

3 ELMTREE CLOSE sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of 3 ELMTREE 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 ELMTREE 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 ELMTREE CLOSE?

3 ELMTREE CLOSE is located in ASHURST, in the SO40 postcode district. The below map shows the position of No. 3 on ELMTREE CLOSE.