3, UNDERWOOD CLOSE, SOUTHAMPTON, SO16 7DA - £500,000

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 UNDERWOOD CLOSE is a very large extended detached house of 208m², built sometime between 1950 and 1966, which could now be worth an estimated £815,972. It was last sold for £500,000 in November 2013, which was around 95% above the average November 2013 detached price in the Southampton local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was C.

3 UNDERWOOD CLOSE Sold Prices

Land registry data shows three sales for 3 UNDERWOOD 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 Southampton local authority area for the corresponding sale date. All of the three 3 UNDERWOOD CLOSE sales were for above 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
2013 27 NOV	£500,000	£255,861	95% above HPI
2005 24 NOV	£360,000	£234,263	54% above HPI
1996 3 APR	£105,000	£76,957	36% above HPI

3 UNDERWOOD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Southampton local authority area over time, sourced from the HPI. The three 3 UNDERWOOD CLOSE sales between April 1996 and November 2013 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 November 2005 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the November 2013 sale, where it rises to 95% above the HPI. The line then continues to track at 95% above the HPI.

What might 3 UNDERWOOD CLOSE be worth now?

3 UNDERWOOD CLOSE might now be worth an estimated £815,972.

This is based on house price inflation of 63.2%, between November 2013 and February 2025, for detached houses, in the Southampton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 63.2% inflationary increase is applied to the most recent sale price for 3 UNDERWOOD CLOSE of £500,000 on 27th November 2013. For the value to have increased from £500,000 to £815,972 over the twelve years and nine months to February 2025, the following assumptions must hold true:

• The value of 3 UNDERWOOD CLOSE has moved in line with the HPI for detached houses in the Southampton local authority area.
• The November 2013 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 3 UNDERWOOD CLOSE has not materially changed since November 2013.

How Large is 3 UNDERWOOD CLOSE?

3 UNDERWOOD CLOSE is 208m², which includes two extensions, according to the EPC inspection conducted in September 2012. This puts it in the largest 10% of detached houses houses in Southampton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Southampton, and where 3 UNDERWOOD CLOSE lies on this distribution: 95% of detached houses houses are smaller than 3 UNDERWOOD CLOSE, and 4% of houses are larger. Note that EPC data is not available for all properties in Southampton.

3 UNDERWOOD CLOSE: Plot and Title Map

3 UNDERWOOD CLOSE sits on a plot of roughly 0.206 of an acre, or 835m². The below map shows the location of 3 UNDERWOOD 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 UNDERWOOD 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 UNDERWOOD CLOSE?

3 UNDERWOOD CLOSE is located in SOUTHAMPTON, in the SO16 postcode district. The below map shows the position of No. 3 on UNDERWOOD CLOSE.