3, FARM CLOSE, CALMORE, SOUTHAMPTON, SO40 2AX - £415,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 FARM CLOSE is a midsized detached house of 93m², which could now be worth an estimated £474,685. It was last sold for £415,000 in August 2018, which was around 19% below the average August 2018 detached price in the New Forest local authority area. The most recent EPC inspection was April 2016, where the current energy rating was B, and the potential energy rating was A.

3 FARM CLOSE Sold Prices

Land registry data shows three sales for 3 FARM 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 New Forest local authority area for the corresponding sale date. All of the three 3 FARM 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 3 AUG	£415,000	£509,215	19% below HPI
2018 13 JUL	£3,750	£510,018	99% below HPI
2016 24 JUN	£365,000	£457,797	20% below HPI

3 FARM 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 three 3 FARM CLOSE sales between June 2016 and August 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 July 2018 sale was for 99% below the HPI. So the extrapolation line tracks at 99% below the HPI over time, until the August 2018 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 3 FARM CLOSE be worth now?

3 FARM CLOSE might now be worth an estimated £474,685.

This is based on house price inflation of 14.4%, between August 2018 and February 2025, for detached houses, in the New Forest local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.4% inflationary increase is applied to the most recent sale price for 3 FARM CLOSE of £415,000 on 3rd August 2018. For the value to have increased from £415,000 to £474,685 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 3 FARM CLOSE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The August 2018 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of 3 FARM CLOSE has not materially changed since August 2018.

How Large is 3 FARM CLOSE?

3 FARM CLOSE is 93m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 50% of detached houses houses in Totton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Totton, and where 3 FARM CLOSE lies on this distribution: 42% of detached houses houses are smaller than 3 FARM CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Totton.

3 FARM CLOSE: Plot and Title Map

3 FARM CLOSE sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 3 FARM 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 FARM 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 FARM CLOSE?

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