1, MAYTREE CLOSE, LOCKS HEATH, SOUTHAMPTON, SO31 6NQ - £425,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 MAYTREE CLOSE is a small extended detached house of 91m², built sometime between 1950 and 1966. It was last sold for £425,000 in October 2020, which was around 10% below the average October 2020 detached price in the Fareham local authority area. The most recent EPC inspection was October 2019, where the current energy rating was F, and the potential energy rating was E.

1 MAYTREE CLOSE Sold Prices

Land registry data shows two sales for 1 MAYTREE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. Both of the two 1 MAYTREE CLOSE sales were 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
2020 26 OCT	£425,000	£471,185	10% below HPI
1995 18 SEP	£100,000	£101,524	2% below HPI

1 MAYTREE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Fareham local authority area over time, sourced from the HPI. The two 1 MAYTREE CLOSE sales from September 1995 and October 2020 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 September 1995 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the October 2020 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 1 MAYTREE CLOSE?

1 MAYTREE CLOSE is 91m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the smallest 30% of detached houses in Locks Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Locks Heath, and where 1 MAYTREE CLOSE lies on this distribution: 22% of detached houses are smaller than 1 MAYTREE CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

1 MAYTREE CLOSE: Plot and Title Map

1 MAYTREE CLOSE sits on a plot of roughly 0.157 of an acre, or 635m². The below map shows the location of 1 MAYTREE 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 1 MAYTREE 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 1 MAYTREE CLOSE?

1 MAYTREE CLOSE is located in LOCKS HEATH, in the SO31 postcode district. The below map shows the position of No. 1 on MAYTREE CLOSE.