5, HEATH CLOSE, FAIR OAK, EASTLEIGH, SO50 7NG - £321,000

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.

5 HEATH CLOSE is a very small extended detached house of 78m², built sometime between 1983 and 1990, which could now be worth an estimated £358,396. It was last sold for £321,000 in October 2020, which was around 31% below the average October 2020 detached price in the Eastleigh local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

5 HEATH CLOSE Sold Prices

Land registry data shows three sales for 5 HEATH CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Eastleigh local authority area for the corresponding sale date. All of the three 5 HEATH 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
2020 9 OCT	£321,000	£466,862	31% below HPI
2009 28 AUG	£189,950	£290,440	35% below HPI
2001 28 MAR	£132,000	£188,677	30% below HPI

5 HEATH CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Eastleigh local authority area over time, sourced from the HPI. The three 5 HEATH CLOSE sales between March 2001 and October 2020 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 August 2009 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the October 2020 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 5 HEATH CLOSE be worth now?

5 HEATH CLOSE might now be worth an estimated £358,396.

This is based on house price inflation of 11.6%, between October 2020 and May 2026, for detached 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 11.6% inflationary increase is applied to the most recent sale price for 5 HEATH CLOSE of £321,000 on 9th October 2020. For the value to have increased from £321,000 to £358,396 over the six years and five months to May 2026, the following assumptions must hold true:

• The value of 5 HEATH CLOSE has moved in line with the HPI for detached houses in the Eastleigh local authority area.
• The October 2020 sale price of £321,000 represented a fair market value for the property.
• The size, condition, and specification of 5 HEATH CLOSE has not materially changed since October 2020.

How Large is 5 HEATH CLOSE?

5 HEATH CLOSE is 78m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 10% of detached houses houses in Eastleigh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Eastleigh, and where 5 HEATH CLOSE lies on this distribution: 9% of detached houses houses are smaller than 5 HEATH CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Eastleigh.

5 HEATH CLOSE: Plot and Title Map

5 HEATH CLOSE sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 5 HEATH 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 5 HEATH 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 5 HEATH CLOSE?

5 HEATH CLOSE is located in FAIR OAK, in the SO50 postcode district. The below map shows the position of No. 5 on HEATH CLOSE.