3, RUSSET CLOSE, SWANMORE, SOUTHAMPTON, SO32 2RU - £493,000

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 RUSSET CLOSE is a small extended detached house of 113m², built sometime between 1976 and 1982. It was last sold for £493,000 in June 2020, which was around 24% below the average June 2020 detached price in the Winchester local authority area. The most recent EPC inspection was December 2019, where the current energy rating was C, and the potential energy rating was B.

3 RUSSET CLOSE Sold Prices

Land registry data shows four sales for 3 RUSSET CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Winchester local authority area for the corresponding sale date. All of the four 3 RUSSET 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
2020 2 JUN	£493,000	£648,545	24% below HPI
2010 26 JUL	£370,000	£461,961	20% below HPI
2008 30 MAY	£367,500	£459,415	20% below HPI
1996 20 SEP	£120,000	£140,404	15% below HPI

3 RUSSET 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 four 3 RUSSET CLOSE sales between September 1996 and June 2020 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 2010 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the June 2020 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 3 RUSSET CLOSE?

3 RUSSET CLOSE is 113m², which includes one extension, according to the EPC inspection conducted in December 2019. This puts it in the smallest 30% of detached houses in Swanmore, based on EPC data. The below chart shows the distribution of detached houses by size in Swanmore, and where 3 RUSSET CLOSE lies on this distribution: 29% of detached houses are smaller than 3 RUSSET CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Swanmore.

3 RUSSET CLOSE: Plot and Title Map

3 RUSSET CLOSE sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 3 RUSSET 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 RUSSET 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 RUSSET CLOSE?

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