7, MYVERN CLOSE, HOLBURY, SOUTHAMPTON, SO45 2HZ - £270,000

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.

7 MYVERN CLOSE is a small detached house of 74m², built sometime between 1967 and 1975, which could now be worth an estimated £312,315. It was last sold for £270,000 in June 2020, which was around 46% below the average June 2020 detached price in the New Forest local authority area. The most recent EPC inspection was February 2020, where the current energy rating was E, and the potential energy rating was B.

7 MYVERN CLOSE Sold Prices

Land registry data shows two sales for 7 MYVERN 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 MYVERN 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
2020 15 JUN	£270,000	£503,535	46% below HPI
1995 19 MAY	£69,250	£104,667	34% below HPI

7 MYVERN 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 MYVERN CLOSE sales from May 1995 and June 2020 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 May 1995 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the June 2020 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might 7 MYVERN CLOSE be worth now?

7 MYVERN CLOSE might now be worth an estimated £312,315.

This is based on house price inflation of 15.7%, between June 2020 and February 2025, for detached houses, in the New Forest local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.7% inflationary increase is applied to the most recent sale price for 7 MYVERN CLOSE of £270,000 on 15th June 2020. For the value to have increased from £270,000 to £312,315 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of 7 MYVERN CLOSE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The June 2020 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MYVERN CLOSE has not materially changed since June 2020.

How Large is 7 MYVERN CLOSE?

7 MYVERN CLOSE is 74m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 30% of detached houses houses in Holbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Holbury, and where 7 MYVERN CLOSE lies on this distribution: 21% of detached houses houses are smaller than 7 MYVERN CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Holbury.

7 MYVERN CLOSE: Plot and Title Map

7 MYVERN CLOSE sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 7 MYVERN 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 MYVERN 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 MYVERN CLOSE?

7 MYVERN CLOSE is located in HOLBURY, in the SO45 postcode district. The below map shows the position of No. 7 on MYVERN CLOSE.