11, GORSE CLOSE, LOCKS HEATH, SOUTHAMPTON, SO31 6XZ - £357,500

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 GORSE CLOSE is a very large detached house of 166m², built sometime between 1983 and 1990. It was last sold for £357,500 in September 2017, which was around 19% below the average September 2017 detached price in the Fareham local authority area. The most recent EPC inspection was April 2017, where the current energy rating was C, and the potential energy rating was B.

11 GORSE CLOSE Sold Prices

Land registry data shows two sales for 11 GORSE 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 GORSE 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
2017 22 SEP	£357,500	£442,349	19% below HPI
1998 15 MAY	£116,950	£129,028	9% below HPI

11 GORSE 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 GORSE CLOSE sales from May 1998 and September 2017 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 May 1998 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the September 2017 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 11 GORSE CLOSE?

11 GORSE CLOSE is 166m² according to the EPC inspection conducted in April 2017. This puts it in the largest 20% of detached houses in Locks Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Locks Heath, and where 11 GORSE CLOSE lies on this distribution: 87% of detached houses are smaller than 11 GORSE CLOSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

11 GORSE CLOSE: Plot and Title Map

11 GORSE CLOSE sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 11 GORSE 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 GORSE 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 GORSE CLOSE?

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