5, LATELIE CLOSE, NETLEY ABBEY, SOUTHAMPTON, SO31 5AG - £419,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

5 LATELIE CLOSE is a very small detached house of 68m², built sometime between 1950 and 1966. It was last sold for £419,000 in September 2022, which was around 23% below the average September 2022 detached price in the Eastleigh local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was C.

5 LATELIE CLOSE Sold Prices

Land registry data shows three sales for 5 LATELIE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Eastleigh local authority area for the corresponding sale date. All of the three 5 LATELIE 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
2022 1 SEP	£419,000	£547,560	23% below HPI
2001 28 SEP	£163,000	£200,639	19% below HPI
2000 14 JUL	£130,000	£172,330	25% below HPI

5 LATELIE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Eastleigh local authority area over time, sourced from the HPI. The three 5 LATELIE CLOSE sales between July 2000 and September 2022 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 September 2001 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2022 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 5 LATELIE CLOSE?

5 LATELIE CLOSE is 68m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 10% of detached houses in Netley, based on EPC data. The below chart shows the distribution of detached houses by size in Netley, and where 5 LATELIE CLOSE lies on this distribution: 5% of detached houses are smaller than 5 LATELIE CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Netley.

5 LATELIE CLOSE: Plot and Title Map

5 LATELIE CLOSE sits on a plot of roughly 0.137 of an acre, or 556m². The below map shows the location of 5 LATELIE 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 LATELIE 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 5 LATELIE CLOSE?

5 LATELIE CLOSE is located in NETLEY ABBEY, in the SO31 postcode district. The below map shows the position of No. 5 on LATELIE CLOSE.