8, REDHILL CLOSE, SOUTHAMPTON, SO16 7BT - £277,000

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 REDHILL CLOSE is a very small detached house of 66m², built sometime between 1930 and 1949. It was last sold for £277,000 in March 2016, which was around 12% below the average March 2016 detached price in the Southampton local authority area. The most recent EPC inspection was October 2010, where the current energy rating was E, and the potential energy rating was C.

8 REDHILL CLOSE Sold Prices

Land registry data shows three sales for 8 REDHILL 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 Southampton local authority area for the corresponding sale date. All of the three 8 REDHILL 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
2016 10 MAR	£277,000	£314,841	12% below HPI
2012 9 MAR	£215,000	£248,401	13% below HPI
2006 21 JUL	£210,000	£240,026	13% below HPI

8 REDHILL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Southampton local authority area over time, sourced from the HPI. The three 8 REDHILL CLOSE sales between July 2006 and March 2016 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 2012 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the March 2016 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 8 REDHILL CLOSE?

8 REDHILL CLOSE is 66m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 10% of detached houses in Southampton, based on EPC data. The below chart shows the distribution of detached houses by size in Southampton, and where 8 REDHILL CLOSE lies on this distribution: 10% of detached houses are smaller than 8 REDHILL CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Southampton.

8 REDHILL CLOSE: Plot and Title Map

8 REDHILL CLOSE sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 8 REDHILL 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 REDHILL 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 REDHILL CLOSE?

8 REDHILL CLOSE is located in SOUTHAMPTON, in the SO16 postcode district. The below map shows the position of No. 8 on REDHILL CLOSE.