2, ELKHAMS CLOSE, EVERTON, LYMINGTON, SO41 0LD - £485,000

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.

2 ELKHAMS CLOSE is a very small detached house of 86m², built sometime between 1976 and 1982, which could now be worth an estimated £450,608. It was last sold for £485,000 in August 2023, which was around 21% below the average August 2023 detached price in the New Forest local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was B.

2 ELKHAMS CLOSE Sold Prices

Land registry data shows one sale for 2 ELKHAMS CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the New Forest local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 2 AUG	£485,000	£613,632	21% below HPI

What might 2 ELKHAMS CLOSE be worth now?

2 ELKHAMS CLOSE might now be worth an estimated £450,608.

This is based on house price deflation of 7.1%, between August 2023 and May 2026, for detached houses, in the New Forest local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7.1% deflationary decrease is applied to the most recent sale price for 2 ELKHAMS CLOSE of £485,000 on 2nd August 2023. For the value to have decreased from £485,000 to £450,608 over the three years and three months to May 2026, the following assumptions must hold true:

• The value of 2 ELKHAMS CLOSE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The August 2023 sale price of £485,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ELKHAMS CLOSE has not materially changed since August 2023.

How Large is 2 ELKHAMS CLOSE?

2 ELKHAMS CLOSE is 86m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 20% of detached houses in Everton, based on EPC data. The below chart shows the distribution of detached houses by size in Everton, and where 2 ELKHAMS CLOSE lies on this distribution: 15% of detached houses are smaller than 2 ELKHAMS CLOSE, and 81% of detached houses are larger. Note that EPC data is not available for all properties in Everton.

2 ELKHAMS CLOSE: Plot

2 ELKHAMS CLOSE sits on a plot of roughly 0.089 of an acre, or 360m².

Where is 2 ELKHAMS CLOSE?

2 ELKHAMS CLOSE is located in EVERTON, in the SO41 postcode district.