3, MILL CLOSE, NURSLING, SOUTHAMPTON, SO16 0XE - £405,000

3 MILL CLOSE is a large extended detached house of 119m², built sometime between 1950 and 1966. It was last sold for £405,000 in January 2017, which was around 16% below the average January 2017 detached price in the Test Valley local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was C.

3 MILL CLOSE Sold Prices

Land registry data shows two sales for 3 MILL 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 3 MILL 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
2017 12 JAN	£405,000	£481,395	16% below HPI
2000 25 FEB	£173,000	£186,170	7% below HPI

3 MILL 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 3 MILL CLOSE sales from February 2000 and January 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 February 2000 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the January 2017 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 3 MILL CLOSE?

3 MILL CLOSE is 119m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the largest 40% of detached houses in Nursling, based on EPC data. The below chart shows the distribution of detached houses by size in Nursling, and where 3 MILL CLOSE lies on this distribution: 63% of detached houses are smaller than 3 MILL CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Nursling.

3 MILL CLOSE: Plot and Title Map

3 MILL CLOSE sits on a plot of roughly 0.220 of an acre, or 892m². The below map shows the location of 3 MILL 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 3 MILL 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 3 MILL CLOSE?

3 MILL CLOSE is located in NURSLING, in the SO16 postcode district. The below map shows the position of No. 3 on MILL CLOSE.