5, REDHILL CLOSE, SOUTHAMPTON, SO16 7BT - £453,000

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.

5 REDHILL CLOSE is a large semi-detached house of 121m², built sometime between 1967 and 1975, which could now be worth an estimated £458,046. It was last sold for £453,000 in August 2022, which was around 47% above the average August 2022 semi-detached price in the Southampton local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

5 REDHILL CLOSE Sold Prices

Land registry data shows two sales for 5 REDHILL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Southampton local authority area for the corresponding sale date. Both of the two 5 REDHILL 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
2022 23 AUG	£453,000	£307,393	47% above HPI
2017 30 AUG	£325,000	£250,428	30% above HPI

5 REDHILL CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Southampton local authority area over time, sourced from the HPI. The two 5 REDHILL CLOSE sales from August 2017 and August 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 August 2017 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the August 2022 sale, where it rises to 47% above the HPI. The line then continues to track at 47% above the HPI.

What might 5 REDHILL CLOSE be worth now?

5 REDHILL CLOSE might now be worth an estimated £458,046.

This is based on house price inflation of 1.1%, between August 2022 and February 2025, for semi-detached houses, in the Southampton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.1% inflationary increase is applied to the most recent sale price for 5 REDHILL CLOSE of £453,000 on 23rd August 2022. For the value to have increased from £453,000 to £458,046 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 5 REDHILL CLOSE has moved in line with the HPI for semi-detached houses in the Southampton local authority area.
• The August 2022 sale price of £453,000 represented a fair market value for the property.
• The size, condition, and specification of 5 REDHILL CLOSE has not materially changed since August 2022.

How Large is 5 REDHILL CLOSE?

5 REDHILL CLOSE is 121m² according to the EPC inspection conducted in February 2022. This puts it in the largest 40% of semi-detached houses houses in Southampton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Southampton, and where 5 REDHILL CLOSE lies on this distribution: 67% of semi-detached houses houses are smaller than 5 REDHILL CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Southampton.

5 REDHILL CLOSE: Plot and Title Map

5 REDHILL CLOSE sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 5 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 5 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 5 REDHILL CLOSE?

5 REDHILL CLOSE is located in SOUTHAMPTON, in the SO16 postcode district. The below map shows the position of No. 5 on REDHILL CLOSE.