7, MILVERTON CLOSE, TOTTON, SOUTHAMPTON, SO40 9GS - £400,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 MILVERTON CLOSE is a very small detached house of 67m², built sometime between 1930 and 1949. It was last sold for £400,000 in June 2022, which was around 32% below the average June 2022 detached price in the New Forest local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

7 MILVERTON CLOSE Sold Prices

Land registry data shows two sales for 7 MILVERTON 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 New Forest local authority area for the corresponding sale date. Both of the two 7 MILVERTON 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
2022 23 JUN	£400,000	£586,690	32% below HPI
2008 27 JUN	£200,000	£352,578	43% below HPI

7 MILVERTON CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the New Forest local authority area over time, sourced from the HPI. The two 7 MILVERTON CLOSE sales from June 2008 and June 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 June 2008 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the June 2022 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 7 MILVERTON CLOSE?

7 MILVERTON CLOSE is 67m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 10% of detached houses in Totton, based on EPC data. The below chart shows the distribution of detached houses by size in Totton, and where 7 MILVERTON CLOSE lies on this distribution: 9% of detached houses are smaller than 7 MILVERTON CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Totton.

7 MILVERTON CLOSE: Plot and Title Map

7 MILVERTON CLOSE sits on a plot of roughly 0.132 of an acre, or 532m². The below map shows the location of 7 MILVERTON 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 MILVERTON 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 MILVERTON CLOSE?

7 MILVERTON CLOSE is located in TOTTON, in the SO40 postcode district. The below map shows the position of No. 7 on MILVERTON CLOSE.