7, SHARPLEY CLOSE, FORDINGBRIDGE, SP6 1LG - £345,000

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 SHARPLEY CLOSE is a very small detached house of 56m², built sometime between 1967 and 1975, which could now be worth an estimated £347,125. It was last sold for £345,000 in November 2021, which was around 40% below the average November 2021 detached price in the New Forest local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was B.

7 SHARPLEY CLOSE Sold Prices

Land registry data shows three sales for 7 SHARPLEY 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 New Forest local authority area for the corresponding sale date. All of the three 7 SHARPLEY 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
2021 10 NOV	£345,000	£579,509	40% below HPI
2020 14 MAY	£255,000	£505,385	50% below HPI
2000 28 JAN	£110,000	£168,952	35% below HPI

7 SHARPLEY 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 three 7 SHARPLEY CLOSE sales between January 2000 and November 2021 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 2020 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the November 2021 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 7 SHARPLEY CLOSE be worth now?

7 SHARPLEY CLOSE might now be worth an estimated £347,125.

This is based on house price inflation of 0.6%, between November 2021 and March 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 0.6% inflationary increase is applied to the most recent sale price for 7 SHARPLEY CLOSE of £345,000 on 10th November 2021. For the value to have increased from £345,000 to £347,125 over the four years and eight months to March 2025, the following assumptions must hold true:

• The value of 7 SHARPLEY CLOSE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The November 2021 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 7 SHARPLEY CLOSE has not materially changed since November 2021.

How Large is 7 SHARPLEY CLOSE?

7 SHARPLEY CLOSE is 56m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 10% of detached houses houses in Fordingbridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fordingbridge, and where 7 SHARPLEY CLOSE lies on this distribution: 1% of detached houses houses are smaller than 7 SHARPLEY CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Fordingbridge.

7 SHARPLEY CLOSE: Plot and Title Map

7 SHARPLEY CLOSE sits on a plot of roughly 0.086 of an acre, or 350m². The below map shows the location of 7 SHARPLEY 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 SHARPLEY 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 SHARPLEY CLOSE?

7 SHARPLEY CLOSE is located in FORDINGBRIDGE, in the SP6 postcode district. The below map shows the position of No. 7 on SHARPLEY CLOSE.