8, SHIPLEY CLOSE, ALTON, GU34 2RW - £550,000

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.

8 SHIPLEY CLOSE is a small extended detached house of 120m², built sometime between 1996 and 2002, which could now be worth an estimated £519,493. It was last sold for £550,000 in December 2022, which was around 24% below the average December 2022 detached price in the East Hampshire local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was B.

8 SHIPLEY CLOSE Sold Prices

Land registry data shows three sales for 8 SHIPLEY 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. The three 8 SHIPLEY CLOSE sales were a mix of below the average price, and roughly equal to 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
2022 13 DEC	£550,000	£725,477	24% below HPI
2022 29 SEP	£555,000	£730,935	24% below HPI
2000 23 JUN	£225,000	£224,115	Close to HPI

8 SHIPLEY 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 8 SHIPLEY CLOSE sales between June 2000 and December 2022 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 2022 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the December 2022 sale, which was also at 24% below the HPI.

What might 8 SHIPLEY CLOSE be worth now?

8 SHIPLEY CLOSE might now be worth an estimated £519,493.

This is based on house price deflation of 5.5%, between December 2022 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 5.5% deflationary decrease is applied to the most recent sale price for 8 SHIPLEY CLOSE of £550,000 on 13th December 2022. For the value to have decreased from £550,000 to £519,493 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 8 SHIPLEY CLOSE has moved in line with the HPI for detached houses in the East Hampshire local authority area.
• The December 2022 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of 8 SHIPLEY CLOSE has not materially changed since December 2022.

How Large is 8 SHIPLEY CLOSE?

8 SHIPLEY CLOSE is 120m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the smallest 40% of detached houses houses in Alton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Alton, and where 8 SHIPLEY CLOSE lies on this distribution: 39% of detached houses houses are smaller than 8 SHIPLEY CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Alton.

8 SHIPLEY CLOSE: Plot and Title Map

8 SHIPLEY CLOSE sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 8 SHIPLEY 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 SHIPLEY 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 SHIPLEY CLOSE?

8 SHIPLEY CLOSE is located in ALTON, in the GU34 postcode district. The below map shows the position of No. 8 on SHIPLEY CLOSE.