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 REDHILL CLOSE is a large detached house of 119m², built sometime between 1967 and 1975. It was last sold for £322,000 in October 2014, which was around 11% above the average October 2014 detached price in the Southampton local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 7 REDHILL CLOSE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Southampton local authority area for the corresponding sale date. Both of the two 7 REDHILL 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 |
---|---|---|---|
2014 17 OCT | £322,000 | £290,004 | 11% above HPI |
1997 12 DEC | £130,000 | £93,908 | 38% above HPI |
The below graph shows the average detached house price in the Southampton local authority area over time, sourced from the HPI. The two 7 REDHILL CLOSE sales from December 1997 and October 2014 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 December 1997 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the October 2014 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.
7 REDHILL CLOSE is 119m² according to the EPC inspection conducted in January 2013. This puts it in the largest 40% of detached houses in Southampton, based on EPC data. The below chart shows the distribution of detached houses by size in Southampton, and where 7 REDHILL CLOSE lies on this distribution: 65% of detached houses are smaller than 7 REDHILL CLOSE, and 34% of houses are larger. Note that EPC data is not available for all properties in Southampton.
7 REDHILL CLOSE sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 7 REDHILL 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 REDHILL 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.
7 REDHILL CLOSE is located in SOUTHAMPTON, in the SO16 postcode district. The below map shows the position of No. 7 on REDHILL CLOSE.