3, UNION CLOSE, PORTSMOUTH, PO3 6GS - £415,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 UNION CLOSE is a midsized detached house of 121m², built sometime from 2012 onwards. It was last sold for £415,000 in December 2018, which was around 3% below the average December 2018 detached price in the Portsmouth local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was B.

3 UNION CLOSE Sold Prices

Land registry data shows two sales for 3 UNION 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 Portsmouth local authority area for the corresponding sale date. Both of the two 3 UNION 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
2018 7 DEC	£415,000	£425,729	3% below HPI
2016 24 JUN	£335,995	£368,725	9% below HPI

3 UNION CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Portsmouth local authority area over time, sourced from the HPI. The two 3 UNION CLOSE sales from June 2016 and December 2018 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 June 2016 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the December 2018 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 3 UNION CLOSE?

3 UNION CLOSE is 121m² according to the EPC inspection conducted in January 2024. This puts it in the largest 50% of detached houses in Portsmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Portsmouth, and where 3 UNION CLOSE lies on this distribution: 50% of detached houses are smaller than 3 UNION CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Portsmouth.

3 UNION CLOSE: Plot and Title Map

3 UNION CLOSE sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 3 UNION 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 UNION 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 UNION CLOSE?

3 UNION CLOSE is located in PORTSMOUTH, in the PO3 postcode district. The below map shows the position of No. 3 on UNION CLOSE.