11, ERICA CLOSE, LOCKS HEATH, SOUTHAMPTON, SO31 6SD - £380,000

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

11 ERICA CLOSE is a midsized detached house of 113m², built sometime between 1983 and 1990, which could now be worth an estimated £642,269. It was last sold for £380,000 in August 2013, which was around 17% above the average August 2013 detached price in the Fareham local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was C.

11 ERICA CLOSE Sold Prices

Land registry data shows two sales for 11 ERICA 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. One of the two 11 ERICA CLOSE sales was for above the average price, whilst the other was roughly equal to 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
2013 23 AUG	£380,000	£323,936	17% above HPI
2007 9 NOV	£331,000	£330,397	Close to HPI

11 ERICA 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 ERICA CLOSE sales from November 2007 and August 2013 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 2007 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the August 2013 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 11 ERICA CLOSE be worth now?

11 ERICA CLOSE might now be worth an estimated £642,269.

This is based on house price inflation of 69%, between August 2013 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 69% inflationary increase is applied to the most recent sale price for 11 ERICA CLOSE of £380,000 on 23rd August 2013. For the value to have increased from £380,000 to £642,269 over the ten years and eight months to December 2024, the following assumptions must hold true:

• The value of 11 ERICA CLOSE has moved in line with the HPI for detached houses in the Fareham local authority area.
• The August 2013 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 11 ERICA CLOSE has not materially changed since August 2013.

How Large is 11 ERICA CLOSE?

11 ERICA CLOSE is 113m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 50% 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 11 ERICA CLOSE lies on this distribution: 47% of detached houses houses are smaller than 11 ERICA CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

11 ERICA CLOSE: Plot and Title Map

11 ERICA CLOSE sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of 11 ERICA 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 ERICA 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 ERICA CLOSE?

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