31, REDHILL CLOSE, SOUTHAMPTON, SO16 7BT - £465,000

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

31 REDHILL CLOSE is a very large detached house of 156m², built sometime between 1900 and 1929. It was last sold for £465,000 in April 2019, which was around 32% above the average April 2019 detached price in the Southampton local authority area. The most recent EPC inspection was November 2018, where the current energy rating was C, and the potential energy rating was C.

31 REDHILL CLOSE Sold Prices

Land registry data shows four sales for 31 REDHILL 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 Southampton local authority area for the corresponding sale date. two of the four 31 REDHILL CLOSE sales were for above the average price, and four 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
2019 2 APR	£465,000	£352,310	32% above HPI
2008 25 JUL	£220,000	£257,190	14% below HPI
2001 2 JUL	£154,000	£155,197	1% below HPI
2000 21 JAN	£132,900	£124,618	7% above HPI

31 REDHILL 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 four 31 REDHILL CLOSE sales between January 2000 and April 2019 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 July 2008 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the April 2019 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is 31 REDHILL CLOSE?

31 REDHILL CLOSE is 156m² according to the EPC inspection conducted in November 2018. This puts it in the largest 20% of detached houses in Southampton, based on EPC data. The below chart shows the distribution of detached houses by size in Southampton, and where 31 REDHILL CLOSE lies on this distribution: 85% of detached houses are smaller than 31 REDHILL CLOSE, and 14% of houses are larger. Note that EPC data is not available for all properties in Southampton.

31 REDHILL CLOSE: Plot and Title Map

31 REDHILL CLOSE sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 31 REDHILL 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 31 REDHILL 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 31 REDHILL CLOSE?

31 REDHILL CLOSE is located in SOUTHAMPTON, in the SO16 postcode district. The below map shows the position of No. 31 on REDHILL CLOSE.