4, GRAYS CLOSE, COLDEN COMMON, WINCHESTER, SO21 1UG - £370,000

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.

4 GRAYS CLOSE is a midsized detached house of 115m², built sometime between 1976 and 1982, which could now be worth an estimated £396,144. It was last sold for £370,000 in March 2018, which was around 47% below the average March 2018 detached price in the Winchester local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was C.

4 GRAYS CLOSE Sold Prices

Land registry data shows two sales for 4 GRAYS 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 Winchester local authority area for the corresponding sale date. Both of the two 4 GRAYS 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
2018 6 MAR	£370,000	£695,397	47% below HPI
2017 6 DEC	£295,000	£665,341	56% below HPI

4 GRAYS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Winchester local authority area over time, sourced from the HPI. The two 4 GRAYS CLOSE sales from December 2017 and March 2018 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 December 2017 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the March 2018 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.

What might 4 GRAYS CLOSE be worth now?

4 GRAYS CLOSE might now be worth an estimated £396,144.

This is based on house price inflation of 7.1%, between March 2018 and April 2026, for detached houses, in the Winchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7.1% inflationary increase is applied to the most recent sale price for 4 GRAYS CLOSE of £370,000 on 6th March 2018. For the value to have increased from £370,000 to £396,144 over the seven years and eleven months to April 2026, the following assumptions must hold true:

• The value of 4 GRAYS CLOSE has moved in line with the HPI for detached houses in the Winchester local authority area.
• The March 2018 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 4 GRAYS CLOSE has not materially changed since March 2018.

How Large is 4 GRAYS CLOSE?

4 GRAYS CLOSE is 115m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 50% of detached houses houses in Colden Common, based on EPC data. The below chart shows the distribution of detached houses houses by size in Colden Common, and where 4 GRAYS CLOSE lies on this distribution: 45% of detached houses houses are smaller than 4 GRAYS CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Colden Common.

4 GRAYS CLOSE: Plot and Title Map

4 GRAYS CLOSE sits on a plot of roughly 0.150 of an acre, or 609m². The below map shows the location of 4 GRAYS 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 4 GRAYS 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 4 GRAYS CLOSE?

4 GRAYS CLOSE is located in COLDEN COMMON, in the SO21 postcode district. The below map shows the position of No. 4 on GRAYS CLOSE.