7, LASER CLOSE, WARSASH, SOUTHAMPTON, SO31 9AZ - £450,000

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

7 LASER CLOSE is a small detached house of 108m², built sometime between 1991 and 1995. It was last sold for £450,000 in April 2023, which was around 19% below the average April 2023 detached price in the Fareham local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was B.

7 LASER CLOSE Sold Prices

Land registry data shows four sales for 7 LASER CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. All of the four 7 LASER 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
2023 28 APR	£450,000	£555,780	19% below HPI
2003 30 JUN	£239,950	£264,542	9% below HPI
1998 20 FEB	£109,950	£124,752	12% below HPI
1996 19 APR	£87,500	£100,521	13% below HPI

7 LASER CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Fareham local authority area over time, sourced from the HPI. The four 7 LASER CLOSE sales between April 1996 and April 2023 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 June 2003 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the April 2023 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 7 LASER CLOSE?

7 LASER CLOSE is 108m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 40% of detached houses in Warsash, based on EPC data. The below chart shows the distribution of detached houses by size in Warsash, and where 7 LASER CLOSE lies on this distribution: 38% of detached houses are smaller than 7 LASER CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Warsash.

7 LASER CLOSE: Plot and Title Map

7 LASER CLOSE sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of 7 LASER 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 7 LASER 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 7 LASER CLOSE?

7 LASER CLOSE is located in WARSASH, in the SO31 postcode district. The below map shows the position of No. 7 on LASER CLOSE.