7, NETHERFIELD CLOSE, ALTON, GU34 2EP - £275,000

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.

7 NETHERFIELD CLOSE is a very small terraced house of 77m², built sometime between 1967 and 1975, which could now be worth an estimated £331,088. It was last sold for £275,000 in August 2017, which was about the average August 2017 terraced price in the East Hampshire local authority area. The most recent EPC inspection was April 2017, where the current energy rating was C, and the potential energy rating was B.

7 NETHERFIELD CLOSE Sold Prices

Land registry data shows two sales for 7 NETHERFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the East Hampshire local authority area for the corresponding sale date. One of the two 7 NETHERFIELD CLOSE sales was roughly equal to the average price, whilst the other was for above 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 29 AUG	£275,000	£275,355	Close to HPI
2005 20 JUL	£197,500	£176,135	12% above HPI

7 NETHERFIELD CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the East Hampshire local authority area over time, sourced from the HPI. The two 7 NETHERFIELD CLOSE sales from July 2005 and August 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 July 2005 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the August 2017 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 7 NETHERFIELD CLOSE be worth now?

7 NETHERFIELD CLOSE might now be worth an estimated £331,088.

This is based on house price inflation of 20.4%, between August 2017 and May 2026, for terraced houses, in the East Hampshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.4% inflationary increase is applied to the most recent sale price for 7 NETHERFIELD CLOSE of £275,000 on 29th August 2017. For the value to have increased from £275,000 to £331,088 over the nine years and three months to May 2026, the following assumptions must hold true:

• The value of 7 NETHERFIELD CLOSE has moved in line with the HPI for terraced houses in the East Hampshire local authority area.
• The August 2017 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 7 NETHERFIELD CLOSE has not materially changed since August 2017.

How Large is 7 NETHERFIELD CLOSE?

7 NETHERFIELD CLOSE is 77m² according to the EPC inspection conducted in April 2017. This puts it in the smallest 10% of terraced houses houses in Alton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Alton, and where 7 NETHERFIELD CLOSE lies on this distribution: 5% of terraced houses houses are smaller than 7 NETHERFIELD CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Alton.

7 NETHERFIELD CLOSE: Plot and Title Map

7 NETHERFIELD CLOSE sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 7 NETHERFIELD 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 7 NETHERFIELD 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 7 NETHERFIELD CLOSE?

7 NETHERFIELD CLOSE is located in ALTON, in the GU34 postcode district. The below map shows the position of No. 7 on NETHERFIELD CLOSE.