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 TOWER CLOSE is a midsized extended detached house of 110m², built sometime between 1976 and 1982. It was last sold for £425,000 in November 2023, which was around 33% below the average November 2023 detached price in the Test Valley local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 8 TOWER CLOSE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Test Valley local authority area for the corresponding sale date. All of the five 8 TOWER 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 29 NOV | £425,000 | £635,029 | 33% below HPI |
2018 7 DEC | £343,000 | £509,876 | 33% below HPI |
2016 30 JUN | £321,000 | £444,452 | 28% below HPI |
2006 6 JUN | £250,000 | £335,039 | 25% below HPI |
2005 31 OCT | £175,000 | £326,361 | 46% below HPI |
The below graph shows the average detached house price in the Test Valley local authority area over time, sourced from the HPI. The five 8 TOWER CLOSE sales between October 2005 and November 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 December 2018 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the November 2023 sale, which was also at 33% below the HPI.
8 TOWER CLOSE is 110m², which includes one extension, according to the EPC inspection conducted in January 2016. This puts it in the smallest 50% of detached houses in Charlton, based on EPC data. The below chart shows the distribution of detached houses by size in Charlton, and where 8 TOWER CLOSE lies on this distribution: 45% of detached houses are smaller than 8 TOWER CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Charlton.
8 TOWER CLOSE sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 8 TOWER 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 TOWER 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.
8 TOWER CLOSE is located in CHARLTON, in the SP10 postcode district. The below map shows the position of No. 8 on TOWER CLOSE.