3, WRIGHT CLOSE, WHITELEY, FAREHAM, PO15 7JU - £785,000

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 WRIGHT CLOSE is a very large detached house of 194m², built sometime between 1996 and 2002, which could now be worth an estimated £837,247. It was last sold for £785,000 in December 2021, which was around 9% above the average December 2021 detached price in the Winchester local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

3 WRIGHT CLOSE Sold Prices

Land registry data shows four sales for 3 WRIGHT 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 Winchester local authority area for the corresponding sale date. All of the four 3 WRIGHT 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
2021 3 DEC	£785,000	£722,191	9% above HPI
2019 27 AUG	£685,000	£673,880	2% above HPI
2006 24 FEB	£485,000	£418,980	16% above HPI
1999 29 JUN	£244,995	£200,240	22% above HPI

3 WRIGHT CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Winchester local authority area over time, sourced from the HPI. The four 3 WRIGHT CLOSE sales between June 1999 and December 2021 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 August 2019 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the December 2021 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 3 WRIGHT CLOSE be worth now?

3 WRIGHT CLOSE might now be worth an estimated £837,247.

This is based on house price inflation of 6.7%, between December 2021 and February 2025, for detached houses, in the Winchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.7% inflationary increase is applied to the most recent sale price for 3 WRIGHT CLOSE of £785,000 on 3rd December 2021. For the value to have increased from £785,000 to £837,247 over the four years and ten months to February 2025, the following assumptions must hold true:

• The value of 3 WRIGHT CLOSE has moved in line with the HPI for detached houses in the Winchester local authority area.
• The December 2021 sale price of £785,000 represented a fair market value for the property.
• The size, condition, and specification of 3 WRIGHT CLOSE has not materially changed since December 2021.

How Large is 3 WRIGHT CLOSE?

3 WRIGHT CLOSE is 194m² according to the EPC inspection conducted in May 2019. This puts it in the largest 10% of detached houses houses in Whiteley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Whiteley, and where 3 WRIGHT CLOSE lies on this distribution: 93% of detached houses houses are smaller than 3 WRIGHT CLOSE, and 6% of houses are larger. Note that EPC data is not available for all properties in Whiteley.

3 WRIGHT CLOSE: Plot and Title Map

3 WRIGHT CLOSE sits on a plot of roughly 0.135 of an acre, or 545m². The below map shows the location of 3 WRIGHT 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 WRIGHT 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 WRIGHT CLOSE?

3 WRIGHT CLOSE is located in WHITELEY, in the PO15 postcode district. The below map shows the position of No. 3 on WRIGHT CLOSE.