25, LANCASTER CLOSE, BURSLEDON, SOUTHAMPTON, SO31 8GT - £179,950

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.

25 LANCASTER CLOSE is a very small terraced house of 41m², built sometime between 1983 and 1990, which could now be worth an estimated £189,148. It was last sold for £179,950 in September 2021, which was around 30% below the average September 2021 terraced price in the Eastleigh local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was A.

25 LANCASTER CLOSE Sold Prices

Land registry data shows five sales for 25 LANCASTER CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Eastleigh local authority area for the corresponding sale date. All of the five 25 LANCASTER 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
2021 10 SEP	£179,950	£256,598	30% below HPI
2007 4 JUL	£133,000	£174,812	24% below HPI
2004 18 JUN	£114,500	£142,593	20% below HPI
2003 24 JAN	£100,000	£126,078	21% below HPI
1997 24 OCT	£42,500	£55,873	24% below HPI

25 LANCASTER CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Eastleigh local authority area over time, sourced from the HPI. The five 25 LANCASTER CLOSE sales between October 1997 and September 2021 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 July 2007 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the September 2021 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 25 LANCASTER CLOSE be worth now?

25 LANCASTER CLOSE might now be worth an estimated £189,148.

This is based on house price inflation of 5.1%, between September 2021 and May 2026, for terraced houses, in the Eastleigh local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.1% inflationary increase is applied to the most recent sale price for 25 LANCASTER CLOSE of £179,950 on 10th September 2021. For the value to have increased from £179,950 to £189,148 over the five years and four months to May 2026, the following assumptions must hold true:

• The value of 25 LANCASTER CLOSE has moved in line with the HPI for terraced houses in the Eastleigh local authority area.
• The September 2021 sale price of £179,950 represented a fair market value for the property.
• The size, condition, and specification of 25 LANCASTER CLOSE has not materially changed since September 2021.

How Large is 25 LANCASTER CLOSE?

25 LANCASTER CLOSE is 41m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 10% of terraced houses houses in Lowford, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Lowford, and where 25 LANCASTER CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 25 LANCASTER CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Lowford.

25 LANCASTER CLOSE: Plot and Title Map

25 LANCASTER CLOSE sits on a plot of roughly 0.022 of an acre, or 88m². The below map shows the location of 25 LANCASTER 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 25 LANCASTER 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 25 LANCASTER CLOSE?

25 LANCASTER CLOSE is located in BURSLEDON, in the SO31 postcode district. The below map shows the position of No. 25 on LANCASTER CLOSE.