31, WESSEX CLOSE, BLACKFIELD, SOUTHAMPTON, SO45 1WZ - £365,000

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.

31 WESSEX CLOSE is a large detached house of 114m², built sometime between 1976 and 1982, which could now be worth an estimated £391,726. It was last sold for £365,000 in July 2021, which was around 33% below the average July 2021 detached price in the New Forest local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

31 WESSEX CLOSE Sold Prices

Land registry data shows two sales for 31 WESSEX 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 New Forest local authority area for the corresponding sale date. Both of the two 31 WESSEX 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
2021 24 JUL	£365,000	£542,712	33% below HPI
2015 12 AUG	£277,500	£433,850	36% below HPI

31 WESSEX CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the New Forest local authority area over time, sourced from the HPI. The two 31 WESSEX CLOSE sales from August 2015 and July 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 2015 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the July 2021 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 31 WESSEX CLOSE be worth now?

31 WESSEX CLOSE might now be worth an estimated £391,726.

This is based on house price inflation of 7.3%, between July 2021 and February 2025, for detached houses, in the New Forest local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7.3% inflationary increase is applied to the most recent sale price for 31 WESSEX CLOSE of £365,000 on 24th July 2021. For the value to have increased from £365,000 to £391,726 over the four years and five months to February 2025, the following assumptions must hold true:

• The value of 31 WESSEX CLOSE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The July 2021 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 31 WESSEX CLOSE has not materially changed since July 2021.

How Large is 31 WESSEX CLOSE?

31 WESSEX CLOSE is 114m² according to the EPC inspection conducted in April 2016. This puts it in the largest 40% of detached houses houses in Blackfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Blackfield, and where 31 WESSEX CLOSE lies on this distribution: 63% of detached houses houses are smaller than 31 WESSEX CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Blackfield.

31 WESSEX CLOSE: Plot and Title Map

31 WESSEX CLOSE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 31 WESSEX 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 WESSEX 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 WESSEX CLOSE?

31 WESSEX CLOSE is located in BLACKFIELD, in the SO45 postcode district. The below map shows the position of No. 31 on WESSEX CLOSE.