4, MILL CLOSE, NURSLING, SOUTHAMPTON, SO16 0XE - £310,000

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.

4 MILL CLOSE is a small extended detached house of 91m², built sometime between 1950 and 1966, which could now be worth an estimated £497,656. It was last sold for £310,000 in May 2014, which was around 18% below the average May 2014 detached price in the Test Valley local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

4 MILL CLOSE Sold Prices

Land registry data shows one sale for 4 MILL 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 Test Valley 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
2014 30 MAY	£310,000	£376,469	18% below HPI

What might 4 MILL CLOSE be worth now?

4 MILL CLOSE might now be worth an estimated £497,656.

This is based on house price inflation of 60.5%, between May 2014 and May 2026, for detached houses, in the Test Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 60.5% inflationary increase is applied to the most recent sale price for 4 MILL CLOSE of £310,000 on 30th May 2014. For the value to have increased from £310,000 to £497,656 over the twelve years to May 2026, the following assumptions must hold true:

• The value of 4 MILL CLOSE has moved in line with the HPI for detached houses in the Test Valley local authority area.
• The May 2014 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MILL CLOSE has not materially changed since May 2014.

How Large is 4 MILL CLOSE?

4 MILL CLOSE is 91m², which includes two extensions, according to the EPC inspection conducted in February 2014. This puts it in the smallest 40% of detached houses in Nursling, based on EPC data. The below chart shows the distribution of detached houses by size in Nursling, and where 4 MILL CLOSE lies on this distribution: 30% of detached houses are smaller than 4 MILL CLOSE, and 69% of detached houses are larger. Note that EPC data is not available for all properties in Nursling.

4 MILL CLOSE: Plot

4 MILL CLOSE sits on a plot of roughly 0.214 of an acre, or 868m².

Where is 4 MILL CLOSE?

4 MILL CLOSE is located in NURSLING, in the SO16 postcode district.