7, SETTLE CLOSE, SOUTHAMPTON, SO16 4RE - £245,000

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 SETTLE CLOSE is a very small extended terraced house of 75m², built sometime between 1983 and 1990, which could now be worth an estimated £298,645. It was last sold for £245,000 in August 2017, which was around 21% above the average August 2017 terraced price in the Southampton local authority area. The most recent EPC inspection was June 2012, where the current energy rating was C, and the potential energy rating was B.

7 SETTLE CLOSE Sold Prices

Land registry data shows three sales for 7 SETTLE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Southampton local authority area for the corresponding sale date. All of the three 7 SETTLE CLOSE sales were 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 7 AUG	£245,000	£203,060	21% above HPI
2006 13 APR	£176,000	£140,894	25% above HPI
2005 25 FEB	£167,000	£136,265	23% above HPI

7 SETTLE CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Southampton local authority area over time, sourced from the HPI. The three 7 SETTLE CLOSE sales between February 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 April 2006 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the August 2017 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 7 SETTLE CLOSE be worth now?

7 SETTLE CLOSE might now be worth an estimated £298,645.

This is based on house price inflation of 21.9%, between August 2017 and July 2025, for terraced houses, in the Southampton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.9% inflationary increase is applied to the most recent sale price for 7 SETTLE CLOSE of £245,000 on 7th August 2017. For the value to have increased from £245,000 to £298,645 over the eight years and one month to July 2025, the following assumptions must hold true:

• The value of 7 SETTLE CLOSE has moved in line with the HPI for terraced houses in the Southampton local authority area.
• The August 2017 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 7 SETTLE CLOSE has not materially changed since August 2017.

How Large is 7 SETTLE CLOSE?

7 SETTLE CLOSE is 75m², which includes one extension, according to the EPC inspection conducted in June 2012. This puts it in the smallest 20% of terraced houses houses in Southampton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Southampton, and where 7 SETTLE CLOSE lies on this distribution: 18% of terraced houses houses are smaller than 7 SETTLE CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Southampton.

7 SETTLE CLOSE: Plot and Title Map

7 SETTLE CLOSE sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 7 SETTLE 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 SETTLE 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 SETTLE CLOSE?

7 SETTLE CLOSE is located in SOUTHAMPTON, in the SO16 postcode district. The below map shows the position of No. 7 on SETTLE CLOSE.