7, STOUR CLOSE, PETERSFIELD, GU31 4LU - £495,000

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 STOUR CLOSE is a very small detached house of 86m², built sometime between 1996 and 2002, which could now be worth an estimated £520,414. It was last sold for £495,000 in September 2021, which was around 24% below the average September 2021 detached price in the East Hampshire local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was B.

7 STOUR CLOSE Sold Prices

Land registry data shows five sales for 7 STOUR CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Hampshire local authority area for the corresponding sale date. All of the five 7 STOUR 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 22 SEP	£495,000	£651,774	24% below HPI
2009 23 FEB	£272,000	£375,695	28% below HPI
2006 1 SEP	£276,000	£389,712	29% below HPI
2005 8 SEP	£259,950	£369,080	30% below HPI
1995 17 AUG	£100,000	£122,991	19% below HPI

7 STOUR CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Hampshire local authority area over time, sourced from the HPI. The five 7 STOUR CLOSE sales between August 1995 and September 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 February 2009 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the September 2021 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 7 STOUR CLOSE be worth now?

7 STOUR CLOSE might now be worth an estimated £520,414.

This is based on house price inflation of 5.1%, between September 2021 and February 2025, for detached houses, in the East Hampshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.1% inflationary increase is applied to the most recent sale price for 7 STOUR CLOSE of £495,000 on 22nd September 2021. For the value to have increased from £495,000 to £520,414 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 7 STOUR CLOSE has moved in line with the HPI for detached houses in the East Hampshire local authority area.
• The September 2021 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of 7 STOUR CLOSE has not materially changed since September 2021.

How Large is 7 STOUR CLOSE?

7 STOUR CLOSE is 86m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 10% of detached houses houses in Petersfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Petersfield, and where 7 STOUR CLOSE lies on this distribution: 10% of detached houses houses are smaller than 7 STOUR CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Petersfield.

7 STOUR CLOSE: Plot and Title Map

7 STOUR CLOSE sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 7 STOUR 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 STOUR 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 STOUR CLOSE?

7 STOUR CLOSE is located in PETERSFIELD, in the GU31 postcode district. The below map shows the position of No. 7 on STOUR CLOSE.