5, SPENCER CLOSE, FOUR MARKS, ALTON, GU34 5JG - £433,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 SPENCER CLOSE is a very small detached house of 79m², built sometime between 1950 and 1966. It was last sold for £433,000 in May 2017, which was around 27% below the average May 2017 detached price in the East Hampshire local authority area. The most recent EPC inspection was November 2016, where the current energy rating was F, and the potential energy rating was D.

5 SPENCER CLOSE Sold Prices

Land registry data shows two sales for 5 SPENCER 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 East Hampshire local authority area for the corresponding sale date. Both of the two 5 SPENCER 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
2017 31 MAY	£433,000	£591,249	27% below HPI
1996 7 AUG	£87,000	£135,662	36% below HPI

5 SPENCER CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Hampshire local authority area over time, sourced from the HPI. The two 5 SPENCER CLOSE sales from August 1996 and May 2017 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 1996 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the May 2017 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 5 SPENCER CLOSE be worth now?

5 SPENCER CLOSE might now be worth an estimated £509,366.

This is based on house price inflation of 17.6%, between May 2017 and December 2024, for detached houses, in the East Hampshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.6% inflationary increase is applied to the most recent sale price for 5 SPENCER CLOSE of £433,000 on 31st May 2017. For the value to have increased from £433,000 to £509,366 over the six years and five months to December 2024, the following assumptions must hold true:

• The value of 5 SPENCER CLOSE has moved in line with the HPI for detached houses in the East Hampshire local authority area.
• The May 2017 sale price of £433,000 represented a fair market value for the property.
• The size, condition, and specification of 5 SPENCER CLOSE has not materially changed since May 2017.

How Large is 5 SPENCER CLOSE?

5 SPENCER CLOSE is 79m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 10% of detached houses houses in Four Marks, based on EPC data. The below chart shows the distribution of detached houses houses by size in Four Marks, and where 5 SPENCER CLOSE lies on this distribution: 4% of detached houses houses are smaller than 5 SPENCER CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Four Marks.

5 SPENCER CLOSE: Plot and Title Map

5 SPENCER CLOSE sits on a plot of roughly 0.145 of an acre, or 587m². The below map shows the location of 5 SPENCER 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 SPENCER 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 SPENCER CLOSE?

5 SPENCER CLOSE is located in FOUR MARKS, in the GU34 postcode district. The below map shows the position of No. 5 on SPENCER CLOSE.