8, MERTON CLOSE, FORDINGBRIDGE, SP6 1HB - £400,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

8 MERTON CLOSE is a very small detached house of 73m², built sometime between 1967 and 1975. It was last sold for £400,000 in February 2023, which was around 32% below the average February 2023 detached price in the New Forest local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.

8 MERTON CLOSE Sold Prices

Land registry data shows two sales for 8 MERTON CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. Both of the two 8 MERTON 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 28 FEB	£400,000	£583,970	32% below HPI
2019 26 SEP	£275,000	£475,500	42% below HPI

8 MERTON 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 two 8 MERTON CLOSE sales from September 2019 and February 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 September 2019 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the February 2023 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 8 MERTON CLOSE?

8 MERTON CLOSE is 73m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 20% of detached houses in Fordingbridge, based on EPC data. The below chart shows the distribution of detached houses by size in Fordingbridge, and where 8 MERTON CLOSE lies on this distribution: 11% of detached houses are smaller than 8 MERTON CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Fordingbridge.

8 MERTON CLOSE: Plot and Title Map

8 MERTON CLOSE sits on a plot of roughly 0.123 of an acre, or 499m². The below map shows the location of 8 MERTON 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 MERTON 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 MERTON CLOSE?

8 MERTON CLOSE is located in FORDINGBRIDGE, in the SP6 postcode district. The below map shows the position of No. 8 on MERTON CLOSE.