3, TEST CLOSE, PETERSFIELD, GU31 4LH - £275,000

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 TEST CLOSE is a very small extended detached house of 78m², built sometime between 1991 and 1995. It was last sold for £275,000 in August 2011, which was around 34% below the average August 2011 detached price in the East Hampshire local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was D.

3 TEST CLOSE Sold Prices

Land registry data shows two sales for 3 TEST 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 East Hampshire local authority area for the corresponding sale date. Both of the two 3 TEST 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
2011 8 AUG	£275,000	£419,253	34% below HPI
1995 3 JAN	£90,950	£116,935	22% below HPI

3 TEST CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Hampshire local authority area over time, sourced from the HPI. The two 3 TEST CLOSE sales from January 1995 and August 2011 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 January 1995 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the August 2011 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 3 TEST CLOSE?

3 TEST CLOSE is 78m², which includes two extensions, according to the EPC inspection conducted in June 2011. This puts it in the smallest 10% of detached houses in Petersfield, based on EPC data. The below chart shows the distribution of detached houses by size in Petersfield, and where 3 TEST CLOSE lies on this distribution: 6% of detached houses are smaller than 3 TEST CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Petersfield.

3 TEST CLOSE: Plot and Title Map

3 TEST CLOSE sits on a plot of roughly 0.050 of an acre, or 202m². The below map shows the location of 3 TEST 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 TEST 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 TEST CLOSE?

3 TEST CLOSE is located in PETERSFIELD, in the GU31 postcode district. The below map shows the position of No. 3 on TEST CLOSE.