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 WILKS CLOSE is a small extended detached house of 92m², built sometime between 1996 and 2002. It was last sold for £352,000 in June 2016, which was around 21% below the average June 2016 detached price in the Test Valley local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 5 WILKS CLOSE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Test Valley local authority area for the corresponding sale date. All of the three 5 WILKS 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 |
---|---|---|---|
2016 24 JUN | £352,000 | £444,452 | 21% below HPI |
2007 21 SEP | £249,950 | £372,745 | 33% below HPI |
1996 20 DEC | £85,000 | £113,153 | 25% below HPI |
The below graph shows the average detached house price in the Test Valley local authority area over time, sourced from the HPI. The three 5 WILKS CLOSE sales between December 1996 and June 2016 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 2007 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the June 2016 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.
5 WILKS CLOSE is 92m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the smallest 40% of detached houses in Nursling, based on EPC data. The below chart shows the distribution of detached houses by size in Nursling, and where 5 WILKS CLOSE lies on this distribution: 31% of detached houses are smaller than 5 WILKS CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Nursling.
5 WILKS CLOSE sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 5 WILKS 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 WILKS 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 WILKS CLOSE is located in NURSLING, in the SO16 postcode district. The below map shows the position of No. 5 on WILKS CLOSE.