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
5 ELGAR CLOSE is a very small detached house of 71m², built sometime between 1991 and 1995. It was last sold for £148,000 in August 2002, which was around 33% below the average August 2002 detached price in the Portsmouth local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 5 ELGAR CLOSE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Portsmouth local authority area for the corresponding sale date. Both of the two 5 ELGAR 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 |
---|---|---|---|
2002 2 AUG | £148,000 | £220,743 | 33% below HPI |
1996 26 APR | £75,950 | £96,332 | 21% below HPI |
The below graph shows the average detached house price in the Portsmouth local authority area over time, sourced from the HPI. The two 5 ELGAR CLOSE sales from April 1996 and August 2002 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 April 1996 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the August 2002 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.
5 ELGAR CLOSE is 71m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 10% of detached houses in Portsmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Portsmouth, and where 5 ELGAR CLOSE lies on this distribution: 9% of detached houses are smaller than 5 ELGAR CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Portsmouth.
5 ELGAR CLOSE sits on a plot of roughly 0.044 of an acre, or 177m². The below map shows the location of 5 ELGAR 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 5 ELGAR 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.
5 ELGAR CLOSE is located in PORTSMOUTH, in the PO6 postcode district. The below map shows the position of No. 5 on ELGAR CLOSE.