3, PROVENE CLOSE, WALTHAM CHASE, SOUTHAMPTON, SO32 2NH - £390,000

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 PROVENE CLOSE is a very small detached house of 95m², built sometime between 1930 and 1949, which could now be worth an estimated £451,923. It was last sold for £390,000 in September 2017, which was around 43% below the average September 2017 detached price in the Winchester local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

3 PROVENE CLOSE Sold Prices

Land registry data shows five sales for 3 PROVENE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Winchester local authority area for the corresponding sale date. All of the five 3 PROVENE 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
2017 11 SEP	£390,000	£689,713	43% below HPI
2016 29 MAR	£260,000	£646,079	60% below HPI
2008 21 NOV	£228,000	£431,057	47% below HPI
2002 29 NOV	£225,500	£360,496	37% below HPI
1998 30 OCT	£119,000	£190,354	37% below HPI

3 PROVENE 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 five 3 PROVENE CLOSE sales between October 1998 and September 2017 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 2016 sale was for 60% below the HPI. So the extrapolation line tracks at 60% below the HPI over time, until the September 2017 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 3 PROVENE CLOSE be worth now?

3 PROVENE CLOSE might now be worth an estimated £451,923.

This is based on house price inflation of 15.9%, between September 2017 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 15.9% inflationary increase is applied to the most recent sale price for 3 PROVENE CLOSE of £390,000 on 11th September 2017. For the value to have increased from £390,000 to £451,923 over the six years and nine months to December 2024, the following assumptions must hold true:

• The value of 3 PROVENE CLOSE has moved in line with the HPI for detached houses in the Winchester local authority area.
• The September 2017 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PROVENE CLOSE has not materially changed since September 2017.

How Large is 3 PROVENE CLOSE?

3 PROVENE CLOSE is 95m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 20% of detached houses houses in Waltham Chase, based on EPC data. The below chart shows the distribution of detached houses houses by size in Waltham Chase, and where 3 PROVENE CLOSE lies on this distribution: 19% of detached houses houses are smaller than 3 PROVENE CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Waltham Chase.

3 PROVENE CLOSE: Plot and Title Map

3 PROVENE CLOSE sits on a plot of roughly 0.088 of an acre, or 358m². The below map shows the location of 3 PROVENE 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 PROVENE 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 PROVENE CLOSE?

3 PROVENE CLOSE is located in WALTHAM CHASE, in the SO32 postcode district. The below map shows the position of No. 3 on PROVENE CLOSE.