1, SHEPHERDS PURSE CLOSE, LOCKS HEATH, SOUTHAMPTON, SO31 6DF - £400,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 SHEPHERDS PURSE CLOSE is a midsized detached house of 121m², built sometime between 1983 and 1990. It was last sold for £400,000 in January 2022, which was around 25% below the average January 2022 detached price in the Fareham local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

1 SHEPHERDS PURSE CLOSE Sold Prices

Land registry data shows two sales for 1 SHEPHERDS PURSE 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 SHEPHERDS PURSE 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
2022 25 JAN	£400,000	£530,655	25% below HPI
2003 31 JUL	£234,950	£265,449	11% below HPI

1 SHEPHERDS PURSE 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 SHEPHERDS PURSE CLOSE sales from July 2003 and January 2022 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 July 2003 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the January 2022 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 1 SHEPHERDS PURSE CLOSE?

1 SHEPHERDS PURSE CLOSE is 121m² according to the EPC inspection conducted in July 2021. This puts it in the largest 50% of detached houses in Warsash, based on EPC data. The below chart shows the distribution of detached houses by size in Warsash, and where 1 SHEPHERDS PURSE CLOSE lies on this distribution: 51% of detached houses are smaller than 1 SHEPHERDS PURSE CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Warsash.

1 SHEPHERDS PURSE CLOSE: Plot and Title Map

1 SHEPHERDS PURSE CLOSE sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 1 SHEPHERDS PURSE 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 SHEPHERDS PURSE 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 SHEPHERDS PURSE CLOSE?

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