10, PERSHORE CLOSE, LOCKS HEATH, SOUTHAMPTON, SO31 6UF - £525,000

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 PERSHORE CLOSE is a large detached house of 136m², built sometime between 1983 and 1990, which could now be worth an estimated £523,695. It was last sold for £525,000 in November 2023, which was around 4% below the average November 2023 detached price in the Fareham local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was C.

10 PERSHORE CLOSE Sold Prices

Land registry data shows three sales for 10 PERSHORE 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 PERSHORE 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 8 NOV	£525,000	£548,875	4% below HPI
2002 1 NOV	£219,950	£257,849	15% below HPI
1999 15 JUN	£118,000	£137,330	14% below HPI

10 PERSHORE 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 PERSHORE CLOSE sales between June 1999 and November 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 November 2002 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the November 2023 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 10 PERSHORE CLOSE be worth now?

10 PERSHORE CLOSE might now be worth an estimated £523,695.

This is based on house price deflation of 0.2%, between November 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 0.2% deflationary decrease is applied to the most recent sale price for 10 PERSHORE CLOSE of £525,000 on 8th November 2023. For the value to have decreased from £525,000 to £523,695 over the eleven months to December 2024, the following assumptions must hold true:

• The value of 10 PERSHORE CLOSE has moved in line with the HPI for detached houses in the Fareham local authority area.
• The November 2023 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of 10 PERSHORE CLOSE has not materially changed since November 2023.

How Large is 10 PERSHORE CLOSE?

10 PERSHORE CLOSE is 136m² according to the EPC inspection conducted in March 2022. This puts it in the largest 30% 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 PERSHORE CLOSE lies on this distribution: 72% of detached houses houses are smaller than 10 PERSHORE CLOSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

10 PERSHORE CLOSE: Plot and Title Map

10 PERSHORE CLOSE sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 10 PERSHORE 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 PERSHORE 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 PERSHORE CLOSE?

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