2, THOMAS CLOSE, TOTTON, SOUTHAMPTON, SO40 8SS - £190,000

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.

2 THOMAS CLOSE is a very small terraced house of 51m², built sometime between 1976 and 1982, which could now be worth an estimated £260,261. It was last sold for £190,000 in October 2014, which was around 10% below the average October 2014 terraced price in the New Forest local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was A.

2 THOMAS CLOSE Sold Prices

Land registry data shows four sales for 2 THOMAS 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 New Forest local authority area for the corresponding sale date. All of the four 2 THOMAS 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
2014 30 OCT	£190,000	£210,776	10% below HPI
2007 28 SEP	£166,000	£194,972	15% below HPI
2003 10 JAN	£127,000	£131,917	4% below HPI
2001 6 APR	£88,000	£92,409	5% below HPI

2 THOMAS CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the New Forest local authority area over time, sourced from the HPI. The four 2 THOMAS CLOSE sales between April 2001 and October 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 September 2007 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2014 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 2 THOMAS CLOSE be worth now?

2 THOMAS CLOSE might now be worth an estimated £260,261.

This is based on house price inflation of 37%, between October 2014 and April 2026, for terraced 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 37% inflationary increase is applied to the most recent sale price for 2 THOMAS CLOSE of £190,000 on 30th October 2014. For the value to have increased from £190,000 to £260,261 over the twelve years and six months to April 2026, the following assumptions must hold true:

• The value of 2 THOMAS CLOSE has moved in line with the HPI for terraced houses in the New Forest local authority area.
• The October 2014 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THOMAS CLOSE has not materially changed since October 2014.

How Large is 2 THOMAS CLOSE?

2 THOMAS CLOSE is 51m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 10% of terraced houses houses in Totton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Totton, and where 2 THOMAS CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 2 THOMAS CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Totton.

2 THOMAS CLOSE: Plot and Title Map

2 THOMAS CLOSE sits on a plot of roughly 0.024 of an acre, or 97m². The below map shows the location of 2 THOMAS 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 2 THOMAS 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 2 THOMAS CLOSE?

2 THOMAS CLOSE is located in TOTTON, in the SO40 postcode district. The below map shows the position of No. 2 on THOMAS CLOSE.