3, MARTIN CLOSE, SWANMORE, SOUTHAMPTON, SO32 2NS - £406,000

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 MARTIN CLOSE is a small detached house of 125m², built sometime between 1991 and 1995, which could now be worth an estimated £659,440. It was last sold for £406,000 in May 2012, which was around 17% below the average May 2012 detached price in the Winchester local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was C.

3 MARTIN CLOSE Sold Prices

Land registry data shows three sales for 3 MARTIN 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 Winchester local authority area for the corresponding sale date. All of the three 3 MARTIN 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
2012 24 MAY	£406,000	£492,061	17% below HPI
2000 8 DEC	£245,000	£272,827	10% below HPI
1995 13 JAN	£133,000	£141,733	6% below HPI

3 MARTIN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Winchester local authority area over time, sourced from the HPI. The three 3 MARTIN CLOSE sales between January 1995 and May 2012 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 December 2000 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the May 2012 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 3 MARTIN CLOSE be worth now?

3 MARTIN CLOSE might now be worth an estimated £659,440.

This is based on house price inflation of 62.4%, between May 2012 and December 2024, for detached houses, in the Winchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 62.4% inflationary increase is applied to the most recent sale price for 3 MARTIN CLOSE of £406,000 on 24th May 2012. For the value to have increased from £406,000 to £659,440 over the eleven years and five months to December 2024, the following assumptions must hold true:

• The value of 3 MARTIN CLOSE has moved in line with the HPI for detached houses in the Winchester local authority area.
• The May 2012 sale price of £406,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MARTIN CLOSE has not materially changed since May 2012.

How Large is 3 MARTIN CLOSE?

3 MARTIN CLOSE is 125m² according to the EPC inspection conducted in January 2012. This puts it in the smallest 40% of detached houses houses in Swanmore, based on EPC data. The below chart shows the distribution of detached houses houses by size in Swanmore, and where 3 MARTIN CLOSE lies on this distribution: 39% of detached houses houses are smaller than 3 MARTIN CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Swanmore.

3 MARTIN CLOSE: Plot and Title Map

3 MARTIN CLOSE sits on a plot of roughly 0.129 of an acre, or 523m². The below map shows the location of 3 MARTIN 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 MARTIN 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 MARTIN CLOSE?

3 MARTIN CLOSE is located in SWANMORE, in the SO32 postcode district. The below map shows the position of No. 3 on MARTIN CLOSE.