16, BARGAIN CLOSE, NURSLING, SOUTHAMPTON, SO16 0AX - £436,000

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.

16 BARGAIN CLOSE is a large detached house of 119m², which could now be worth an estimated £527,356. It was last sold for £436,000 in December 2019, which was around 15% below the average December 2019 detached price in the Test Valley local authority area. The most recent EPC inspection was February 2018, where the current energy rating was B, and the potential energy rating was A.

16 BARGAIN CLOSE Sold Prices

Land registry data shows two sales for 16 BARGAIN 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 Test Valley local authority area for the corresponding sale date. Both of the two 16 BARGAIN 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
2019 10 DEC	£436,000	£513,580	15% below HPI
2018 23 FEB	£435,000	£503,157	14% below HPI

16 BARGAIN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Test Valley local authority area over time, sourced from the HPI. The two 16 BARGAIN CLOSE sales from February 2018 and December 2019 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 February 2018 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the December 2019 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 16 BARGAIN CLOSE be worth now?

16 BARGAIN CLOSE might now be worth an estimated £527,356.

This is based on house price inflation of 21%, between December 2019 and June 2025, for detached houses, in the Test Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21% inflationary increase is applied to the most recent sale price for 16 BARGAIN CLOSE of £436,000 on 10th December 2019. For the value to have increased from £436,000 to £527,356 over the six years and six months to June 2025, the following assumptions must hold true:

• The value of 16 BARGAIN CLOSE has moved in line with the HPI for detached houses in the Test Valley local authority area.
• The December 2019 sale price of £436,000 represented a fair market value for the property.
• The size, condition, and specification of 16 BARGAIN CLOSE has not materially changed since December 2019.

How Large is 16 BARGAIN CLOSE?

16 BARGAIN CLOSE is 119m² according to the EPC inspection conducted in February 2018. This puts it in the largest 40% of detached houses houses in Nursling, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nursling, and where 16 BARGAIN CLOSE lies on this distribution: 63% of detached houses houses are smaller than 16 BARGAIN CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Nursling.

16 BARGAIN CLOSE: Plot and Title Map

16 BARGAIN CLOSE sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 16 BARGAIN 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 16 BARGAIN 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 16 BARGAIN CLOSE?

16 BARGAIN CLOSE is located in NURSLING, in the SO16 postcode district. The below map shows the position of No. 16 on BARGAIN CLOSE.