5, WRIGHT CLOSE, WHITELEY, FAREHAM, PO15 7JU - £603,500

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 WRIGHT CLOSE is a very large detached house of 182m², built sometime between 1991 and 1995, which could now be worth an estimated £964,525. It was last sold for £603,500 in July 2011, which was around 25% above the average July 2011 detached price in the Winchester local authority area. The most recent EPC inspection was January 2011, where the current energy rating was D, and the potential energy rating was C.

5 WRIGHT CLOSE Sold Prices

Land registry data shows three sales for 5 WRIGHT 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 Winchester local authority area for the corresponding sale date. All of the three 5 WRIGHT 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
2011 7 JUL	£603,500	£481,948	25% above HPI
2004 19 APR	£618,000	£374,713	65% above HPI
1999 30 SEP	£259,995	£213,608	22% above HPI

5 WRIGHT CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Winchester local authority area over time, sourced from the HPI. The three 5 WRIGHT CLOSE sales between September 1999 and July 2011 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 2004 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the July 2011 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 5 WRIGHT CLOSE be worth now?

5 WRIGHT CLOSE might now be worth an estimated £964,525.

This is based on house price inflation of 59.8%, between July 2011 and February 2025, for detached houses, in the Winchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 59.8% inflationary increase is applied to the most recent sale price for 5 WRIGHT CLOSE of £603,500 on 7th July 2011. For the value to have increased from £603,500 to £964,525 over the fourteen years and five months to February 2025, the following assumptions must hold true:

• The value of 5 WRIGHT CLOSE has moved in line with the HPI for detached houses in the Winchester local authority area.
• The July 2011 sale price of £603,500 represented a fair market value for the property.
• The size, condition, and specification of 5 WRIGHT CLOSE has not materially changed since July 2011.

How Large is 5 WRIGHT CLOSE?

5 WRIGHT CLOSE is 182m² according to the EPC inspection conducted in January 2011. This puts it in the largest 10% of detached houses houses in Whiteley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Whiteley, and where 5 WRIGHT CLOSE lies on this distribution: 91% of detached houses houses are smaller than 5 WRIGHT CLOSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Whiteley.

5 WRIGHT CLOSE: Plot and Title Map

5 WRIGHT CLOSE sits on a plot of roughly 0.372 of an acre, or 1,507m². The below map shows the location of 5 WRIGHT 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 WRIGHT 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 WRIGHT CLOSE?

5 WRIGHT CLOSE is located in WHITELEY, in the PO15 postcode district. The below map shows the position of No. 5 on WRIGHT CLOSE.