8, ENTERPRISE CLOSE, WARSASH, SOUTHAMPTON, SO31 9BD - £445,000

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

8 ENTERPRISE CLOSE is a very small detached house of 88m², built sometime between 1996 and 2002. It was last sold for £445,000 in August 2023, which was around 20% below the average August 2023 detached price in the Fareham local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was B.

8 ENTERPRISE CLOSE Sold Prices

Land registry data shows three sales for 8 ENTERPRISE 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 Fareham local authority area for the corresponding sale date. All of the three 8 ENTERPRISE 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
2023 24 AUG	£445,000	£556,297	20% below HPI
2011 28 MAR	£249,950	£309,763	19% below HPI
2003 7 MAR	£210,000	£260,398	19% below HPI

8 ENTERPRISE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Fareham local authority area over time, sourced from the HPI. The three 8 ENTERPRISE CLOSE sales between March 2003 and August 2023 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 March 2011 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2023 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 8 ENTERPRISE CLOSE?

8 ENTERPRISE CLOSE is 88m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 20% of detached houses in Warsash, based on EPC data. The below chart shows the distribution of detached houses by size in Warsash, and where 8 ENTERPRISE CLOSE lies on this distribution: 18% of detached houses are smaller than 8 ENTERPRISE CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Warsash.

8 ENTERPRISE CLOSE: Plot and Title Map

8 ENTERPRISE CLOSE sits on a plot of roughly 0.056 of an acre, or 229m². The below map shows the location of 8 ENTERPRISE 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 8 ENTERPRISE 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 8 ENTERPRISE CLOSE?

8 ENTERPRISE CLOSE is located in WARSASH, in the SO31 postcode district. The below map shows the position of No. 8 on ENTERPRISE CLOSE.