7, VECTIS CLOSE, FOUR MARKS, ALTON, GU34 5AB - £625,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 VECTIS CLOSE is a small extended detached house of 122m², built sometime between 1950 and 1966. It was last sold for £625,000 in October 2024, which was around 13% below the average October 2024 detached price in the East Hampshire local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was C.

7 VECTIS CLOSE Sold Prices

Land registry data shows three sales for 7 VECTIS 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 East Hampshire local authority area for the corresponding sale date. All of the three 7 VECTIS 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
2024 18 OCT	£625,000	£715,730	13% below HPI
2016 1 DEC	£512,500	£577,267	11% below HPI
2001 31 AUG	£246,000	£261,769	6% below HPI

7 VECTIS 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 three 7 VECTIS CLOSE sales between August 2001 and October 2024 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 2016 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the October 2024 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 7 VECTIS CLOSE be worth now?

7 VECTIS CLOSE might now be worth an estimated £607,355.

This is based on house price deflation of 2.8%, between October 2024 and December 2024, 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 2.8% deflationary decrease is applied to the most recent sale price for 7 VECTIS CLOSE of £625,000 on 18th October 2024. For the value to have decreased from £625,000 to £607,355 over the ten months to December 2024, the following assumptions must hold true:

• The value of 7 VECTIS CLOSE has moved in line with the HPI for detached houses in the East Hampshire local authority area.
• The October 2024 sale price of £625,000 represented a fair market value for the property.
• The size, condition, and specification of 7 VECTIS CLOSE has not materially changed since October 2024.

How Large is 7 VECTIS CLOSE?

7 VECTIS CLOSE is 122m², which includes two extensions, according to the EPC inspection conducted in May 2016. This puts it in the smallest 40% of detached houses houses in Four Marks, based on EPC data. The below chart shows the distribution of detached houses houses by size in Four Marks, and where 7 VECTIS CLOSE lies on this distribution: 30% of detached houses houses are smaller than 7 VECTIS CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Four Marks.

7 VECTIS CLOSE: Plot and Title Map

7 VECTIS CLOSE sits on a plot of roughly 0.300 of an acre, or 1,215m². The below map shows the location of 7 VECTIS 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 VECTIS 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 VECTIS CLOSE?

7 VECTIS CLOSE is located in FOUR MARKS, in the GU34 postcode district. The below map shows the position of No. 7 on VECTIS CLOSE.