9, RUSSET CLOSE, ALRESFORD, SO24 9PS - £330,000

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.

9 RUSSET CLOSE is a very small terraced house of 82m², built sometime between 1967 and 1975, which could now be worth an estimated £357,466. It was last sold for £330,000 in July 2017, which was around 6% below the average July 2017 terraced price in the Winchester local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

9 RUSSET CLOSE Sold Prices

Land registry data shows three sales for 9 RUSSET 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 Winchester local authority area for the corresponding sale date. The three 9 RUSSET CLOSE sales were a mix of below the average price, roughly equal to the average price, and 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 26 JUL	£330,000	£351,690	6% below HPI
2013 22 MAR	£253,000	£253,022	Close to HPI
1998 11 SEP	£94,000	£90,088	4% above HPI

9 RUSSET CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Winchester local authority area over time, sourced from the HPI. The three 9 RUSSET CLOSE sales between September 1998 and July 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 March 2013 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the July 2017 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 9 RUSSET CLOSE be worth now?

9 RUSSET CLOSE might now be worth an estimated £357,466.

This is based on house price inflation of 8.3%, between July 2017 and July 2025, for terraced 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 8.3% inflationary increase is applied to the most recent sale price for 9 RUSSET CLOSE of £330,000 on 26th July 2017. For the value to have increased from £330,000 to £357,466 over the eight years to July 2025, the following assumptions must hold true:

• The value of 9 RUSSET CLOSE has moved in line with the HPI for terraced houses in the Winchester local authority area.
• The July 2017 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 9 RUSSET CLOSE has not materially changed since July 2017.

How Large is 9 RUSSET CLOSE?

9 RUSSET CLOSE is 82m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 20% of terraced houses houses in New Alresford, based on EPC data. The below chart shows the distribution of terraced houses houses by size in New Alresford, and where 9 RUSSET CLOSE lies on this distribution: 15% of terraced houses houses are smaller than 9 RUSSET CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in New Alresford.

9 RUSSET CLOSE: Plot and Title Map

9 RUSSET CLOSE sits on a plot of roughly 0.050 of an acre, or 202m². The below map shows the location of 9 RUSSET 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 9 RUSSET 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 9 RUSSET CLOSE?

9 RUSSET CLOSE is located in ALRESFORD, in the SO24 postcode district. The below map shows the position of No. 9 on RUSSET CLOSE.