11, ELDER CLOSE, LOCKS HEATH, SOUTHAMPTON, SO31 6SB - £203,000

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

11 ELDER CLOSE is a very small extended semi-detached house of 76m², built sometime between 1991 and 1995. It was last sold for £203,000 in November 2011, which was around 36% below the average November 2011 detached price in the Fareham local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was C.

11 ELDER CLOSE Sold Prices

Land registry data shows two sales for 11 ELDER 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 11 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
2011 4 NOV	£203,000	£316,557	36% below HPI
1995 31 MAR	£69,885	£100,371	30% below HPI

11 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 two 11 ELDER CLOSE sales from March 1995 and November 2011 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 March 1995 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the November 2011 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 11 ELDER CLOSE?

11 ELDER CLOSE is 76m², which includes one extension, according to the EPC inspection conducted in May 2011. 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 11 ELDER CLOSE lies on this distribution: 7% of detached houses are smaller than 11 ELDER CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Warsash.

11 ELDER CLOSE: Plot and Title Map

11 ELDER CLOSE sits on a plot of roughly 0.049 of an acre, or 199m². The below map shows the location of 11 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 11 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 11 ELDER CLOSE?

11 ELDER CLOSE is located in LOCKS HEATH, in the SO31 postcode district. The below map shows the position of No. 11 on ELDER CLOSE.