8, ELMTREE CLOSE, ASHURST, SOUTHAMPTON, SO40 7FD - £495,000

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.

8 ELMTREE CLOSE is a detached house, which could now be worth an estimated £863,342. It was last sold for £495,000 in March 2005, which was around 54% above the average March 2005 detached price in the New Forest local authority area.

8 ELMTREE CLOSE Sold Prices

Land registry data shows three sales for 8 ELMTREE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. Two of the three 8 ELMTREE CLOSE sales were for above the average price, whilst one was for below 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
2005 7 MAR	£495,000	£322,306	54% above HPI
2004 29 APR	£495,000	£304,859	62% above HPI
1999 20 MAY	£133,000	£148,084	10% below HPI

What might 8 ELMTREE CLOSE be worth now?

8 ELMTREE CLOSE might now be worth an estimated £863,342.

This is based on house price inflation of 74.4%, between March 2005 and April 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 74.4% inflationary increase is applied to the most recent sale price for 8 ELMTREE CLOSE of £495,000 on 7th March 2005. For the value to have increased from £495,000 to £863,342 over the twenty years and eleven months to April 2026, the following assumptions must hold true:

• The value of 8 ELMTREE CLOSE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The March 2005 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of 8 ELMTREE CLOSE has not materially changed since March 2005.

Where is 8 ELMTREE CLOSE?

8 ELMTREE CLOSE is located in ASHURST, in the SO40 postcode district.