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

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 WATLEY CLOSE is a very large extended detached house of 140m², built sometime between 1991 and 1995, which could now be worth an estimated £588,981. It was last sold for £610,000 in May 2023, which was around 4% 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. Two of the four 3 WATLEY CLOSE sales were for below the average price, whilst one was 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
2023 11 MAY	£610,000	£638,740	4% below HPI
2010 1 NOV	£342,000	£376,684	9% below HPI
2007 29 JUN	£365,000	£365,649	Close to HPI
1997 28 OCT	£161,950	£140,536	15% 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 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the May 2023 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 3 WATLEY CLOSE be worth now?

3 WATLEY CLOSE might now be worth an estimated £588,981.

This is based on house price deflation of 3.4%, between May 2023 and February 2025, for detached houses, in the Test Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.4% deflationary decrease is applied to the most recent sale price for 3 WATLEY CLOSE of £610,000 on 11th May 2023. For the value to have decreased from £610,000 to £588,981 over the two years and three months to February 2025, the following assumptions must hold true:

• The value of 3 WATLEY CLOSE has moved in line with the HPI for detached houses in the Test Valley local authority area.
• The May 2023 sale price of £610,000 represented a fair market value for the property.
• The size, condition, and specification of 3 WATLEY CLOSE has not materially changed since May 2023.

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 houses in Nursling, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nursling, and where 3 WATLEY CLOSE lies on this distribution: 88% of detached houses 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.