1, SHAW CLOSE, TOTTON, SOUTHAMPTON, SO40 8TS - £347,500

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.

1 SHAW CLOSE is a small detached house of 81m², built sometime between 1983 and 1990, which could now be worth an estimated £388,435. It was last sold for £347,500 in April 2018, which was around 32% below the average April 2018 detached price in the New Forest local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

1 SHAW CLOSE Sold Prices

Land registry data shows two sales for 1 SHAW 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 1 SHAW 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
2018 13 APR	£347,500	£510,036	32% below HPI
2015 4 DEC	£291,000	£444,823	35% below HPI

1 SHAW 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 1 SHAW CLOSE sales from December 2015 and April 2018 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 2015 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the April 2018 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 1 SHAW CLOSE be worth now?

1 SHAW CLOSE might now be worth an estimated £388,435.

This is based on house price inflation of 11.8%, between April 2018 and May 2026, 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 11.8% inflationary increase is applied to the most recent sale price for 1 SHAW CLOSE of £347,500 on 13th April 2018. For the value to have increased from £347,500 to £388,435 over the seven years and eleven months to May 2026, the following assumptions must hold true:

• The value of 1 SHAW CLOSE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The April 2018 sale price of £347,500 represented a fair market value for the property.
• The size, condition, and specification of 1 SHAW CLOSE has not materially changed since April 2018.

How Large is 1 SHAW CLOSE?

1 SHAW CLOSE is 81m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 30% of detached houses houses in Totton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Totton, and where 1 SHAW CLOSE lies on this distribution: 24% of detached houses houses are smaller than 1 SHAW CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Totton.

1 SHAW CLOSE: Plot and Title Map

1 SHAW CLOSE sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 1 SHAW 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 1 SHAW 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 1 SHAW CLOSE?

1 SHAW CLOSE is located in TOTTON, in the SO40 postcode district. The below map shows the position of No. 1 on SHAW CLOSE.