10, GRENADIER CLOSE, LOCKS HEATH, SOUTHAMPTON, SO31 6UE - £325,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

10 GRENADIER CLOSE is a very small detached house of 70m², built sometime between 1983 and 1990, which could now be worth an estimated £316,916. It was last sold for £325,000 in August 2023, which was around 42% below the average August 2023 detached price in the Fareham local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was B.

10 GRENADIER CLOSE Sold Prices

Land registry data shows four sales for 10 GRENADIER CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. All of the four 10 GRENADIER 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
2023 2 AUG	£325,000	£561,477	42% below HPI
2007 27 JUN	£223,000	£323,143	31% below HPI
2003 7 NOV	£172,500	£268,805	36% below HPI
1997 31 JUL	£72,500	£117,504	38% below HPI

10 GRENADIER 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 four 10 GRENADIER CLOSE sales between July 1997 and August 2023 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 June 2007 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the August 2023 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 10 GRENADIER CLOSE be worth now?

10 GRENADIER CLOSE might now be worth an estimated £316,916.

This is based on house price deflation of 2.5%, between August 2023 and December 2024, for detached houses, in the Fareham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.5% deflationary decrease is applied to the most recent sale price for 10 GRENADIER CLOSE of £325,000 on 2nd August 2023. For the value to have decreased from £325,000 to £316,916 over the eight months to December 2024, the following assumptions must hold true:

• The value of 10 GRENADIER CLOSE has moved in line with the HPI for detached houses in the Fareham local authority area.
• The August 2023 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 10 GRENADIER CLOSE has not materially changed since August 2023.

How Large is 10 GRENADIER CLOSE?

10 GRENADIER CLOSE is 70m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 10% of detached houses houses in Locks Heath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Locks Heath, and where 10 GRENADIER CLOSE lies on this distribution: 4% of detached houses houses are smaller than 10 GRENADIER CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

10 GRENADIER CLOSE: Plot and Title Map

10 GRENADIER CLOSE sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 10 GRENADIER 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 GRENADIER 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 GRENADIER CLOSE?

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