PIPPINS, THE CLOSE, HOLBURY, SOUTHAMPTON, SO45 2PG - £245,000

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.

PIPPINS is a small detached house of 85m², built sometime between 2003 and 2006, which could now be worth an estimated £367,687. It was last sold for £245,000 in May 2014, which was around 37% below the average May 2014 detached price in the New Forest local authority area. The most recent EPC inspection was July 2012, where the current energy rating was C, and the potential energy rating was B.

PIPPINS Sold Prices

Land registry data shows three sales for PIPPINS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. All of the three PIPPINS 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
2014 8 MAY	£245,000	£388,103	37% below HPI
2012 22 NOV	£230,000	£368,383	38% below HPI
2006 15 NOV	£225,000	£340,285	34% below HPI

PIPPINS 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 three PIPPINS sales between November 2006 and May 2014 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 November 2012 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the May 2014 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might PIPPINS be worth now?

PIPPINS might now be worth an estimated £367,687.

This is based on house price inflation of 50.1%, between May 2014 and February 2025, for detached houses, in the New Forest local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 50.1% inflationary increase is applied to the most recent sale price for PIPPINS of £245,000 on 8th May 2014. For the value to have increased from £245,000 to £367,687 over the eleven years and three months to February 2025, the following assumptions must hold true:

• The value of PIPPINS has moved in line with the HPI for detached houses in the New Forest local authority area.
• The May 2014 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of PIPPINS has not materially changed since May 2014.

How Large is PIPPINS?

PIPPINS is 85m² according to the EPC inspection conducted in July 2012. This puts it in the smallest 40% of detached houses houses in Holbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Holbury, and where PIPPINS lies on this distribution: 40% of detached houses houses are smaller than PIPPINS, and 58% of houses are larger. Note that EPC data is not available for all properties in Holbury.

PIPPINS: Plot and Title Map

PIPPINS sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of PIPPINS, 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 PIPPINS). 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 PIPPINS?

PIPPINS is located on THE CLOSE in HOLBURY, in the SO45 postcode district. The below map shows the position of PIPPINS on THE CLOSE.