10, ELDER CLOSE, LOCKS HEATH, SOUTHAMPTON, SO31 6SB - £249,950

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

10 ELDER CLOSE is a very small extended semi-detached house of 77m², built sometime between 1991 and 1995. It was last sold for £249,950 in September 2014, which was around 31% below the average September 2014 detached price in the Fareham local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

10 ELDER CLOSE Sold Prices

Land registry data shows three sales for 10 ELDER 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 Fareham local authority area for the corresponding sale date. All of the three 10 ELDER 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
2014 30 SEP	£249,950	£360,017	31% below HPI
2005 21 FEB	£210,000	£284,821	26% below HPI
2002 14 MAR	£148,000	£212,120	30% below HPI

10 ELDER 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 three 10 ELDER CLOSE sales between March 2002 and September 2014 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 February 2005 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the September 2014 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 10 ELDER CLOSE?

10 ELDER CLOSE is 77m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the smallest 10% of detached houses in Warsash, based on EPC data. The below chart shows the distribution of detached houses by size in Warsash, and where 10 ELDER CLOSE lies on this distribution: 8% of detached houses are smaller than 10 ELDER CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Warsash.

10 ELDER CLOSE: Plot and Title Map

10 ELDER CLOSE sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 10 ELDER 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 10 ELDER 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 10 ELDER CLOSE?

10 ELDER CLOSE is located in LOCKS HEATH, in the SO31 postcode district. The below map shows the position of No. 10 on ELDER CLOSE.