16, LAUNCELYN CLOSE, NORTH BADDESLEY, SOUTHAMPTON, SO52 9NP - £232,000

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 LAUNCELYN CLOSE is a small terraced house of 78m², built sometime between 1983 and 1990, which could now be worth an estimated £302,971. It was last sold for £232,000 in February 2017, which was around 5% above the average February 2017 terraced price in the Test Valley local authority area. The most recent EPC inspection was June 2016, where the current energy rating was C, and the potential energy rating was B.

16 LAUNCELYN CLOSE Sold Prices

Land registry data shows four sales for 16 LAUNCELYN CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Test Valley local authority area for the corresponding sale date. All of the four 16 LAUNCELYN CLOSE sales were for above 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
2017 2 FEB	£232,000	£219,994	5% above HPI
2007 17 OCT	£186,000	£179,978	3% above HPI
2002 5 APR	£129,995	£98,610	32% above HPI
1999 25 JUN	£78,950	£69,069	14% above HPI

16 LAUNCELYN CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Test Valley local authority area over time, sourced from the HPI. The four 16 LAUNCELYN CLOSE sales between June 1999 and February 2017 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 October 2007 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the February 2017 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 16 LAUNCELYN CLOSE be worth now?

16 LAUNCELYN CLOSE might now be worth an estimated £302,971.

This is based on house price inflation of 30.6%, between February 2017 and April 2026, for terraced 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 30.6% inflationary increase is applied to the most recent sale price for 16 LAUNCELYN CLOSE of £232,000 on 2nd February 2017. For the value to have increased from £232,000 to £302,971 over the eight years and ten months to April 2026, the following assumptions must hold true:

• The value of 16 LAUNCELYN CLOSE has moved in line with the HPI for terraced houses in the Test Valley local authority area.
• The February 2017 sale price of £232,000 represented a fair market value for the property.
• The size, condition, and specification of 16 LAUNCELYN CLOSE has not materially changed since February 2017.

How Large is 16 LAUNCELYN CLOSE?

16 LAUNCELYN CLOSE is 78m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 30% of terraced houses houses in North Baddesley, based on EPC data. The below chart shows the distribution of terraced houses houses by size in North Baddesley, and where 16 LAUNCELYN CLOSE lies on this distribution: 21% of terraced houses houses are smaller than 16 LAUNCELYN CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in North Baddesley.

16 LAUNCELYN CLOSE: Plot and Title Map

16 LAUNCELYN CLOSE sits on a plot of roughly 0.046 of an acre, or 188m². The below map shows the location of 16 LAUNCELYN 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 LAUNCELYN 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 LAUNCELYN CLOSE?

16 LAUNCELYN CLOSE is located in NORTH BADDESLEY, in the SO52 postcode district. The below map shows the position of No. 16 on LAUNCELYN CLOSE.