3, WATLEY CLOSE, NURSLING, SOUTHAMPTON, SO16 0TB - £610,000

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 WATLEY CLOSE is a very large extended detached house of 140m², built sometime between 1991 and 1995. It was last sold for £610,000 in May 2023, which was around 5% below the average May 2023 detached price in the Test Valley local authority area. The most recent EPC inspection was December 2021, where the current energy rating was C, and the potential energy rating was C.

3 WATLEY CLOSE Sold Prices

Land registry data shows four sales for 3 WATLEY 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 Test Valley local authority area for the corresponding sale date. Most of the four 3 WATLEY 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
2023 11 MAY	£610,000	£642,951	5% below HPI
2010 1 NOV	£342,000	£379,167	10% below HPI
2007 29 JUN	£365,000	£368,059	1% below HPI
1997 28 OCT	£161,950	£141,463	14% above HPI

3 WATLEY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Test Valley local authority area over time, sourced from the HPI. The four 3 WATLEY CLOSE sales between October 1997 and May 2023 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 2010 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the May 2023 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 3 WATLEY CLOSE?

3 WATLEY CLOSE is 140m², which includes two extensions, according to the EPC inspection conducted in December 2021. This puts it in the largest 20% of detached houses in Nursling, based on EPC data. The below chart shows the distribution of detached houses by size in Nursling, and where 3 WATLEY CLOSE lies on this distribution: 87% of detached houses are smaller than 3 WATLEY CLOSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Nursling.

3 WATLEY CLOSE: Plot and Title Map

3 WATLEY CLOSE sits on a plot of roughly 0.103 of an acre, or 417m². The below map shows the location of 3 WATLEY 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 WATLEY 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 WATLEY CLOSE?

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