11, MARKEN CLOSE, LOCKS HEATH, SOUTHAMPTON, SO31 6GG - £365,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

11 MARKEN CLOSE is a midsized detached house of 128m², built sometime between 1983 and 1990, which could now be worth an estimated £604,156. It was last sold for £365,000 in December 2013, which was around 9% above the average December 2013 detached price in the Fareham local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was C.

11 MARKEN CLOSE Sold Prices

Land registry data shows three sales for 11 MARKEN 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 11 MARKEN CLOSE sales were for above 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 9 DEC	£365,000	£333,603	9% above HPI
2003 28 NOV	£313,000	£268,805	16% above HPI
2001 28 JUN	£235,000	£188,061	25% above HPI

11 MARKEN 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 11 MARKEN CLOSE sales between June 2001 and December 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 2003 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the December 2013 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 11 MARKEN CLOSE be worth now?

11 MARKEN CLOSE might now be worth an estimated £604,156.

This is based on house price inflation of 65.5%, between December 2013 and February 2025, 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 65.5% inflationary increase is applied to the most recent sale price for 11 MARKEN CLOSE of £365,000 on 9th December 2013. For the value to have increased from £365,000 to £604,156 over the twelve years and ten months to February 2025, the following assumptions must hold true:

• The value of 11 MARKEN CLOSE has moved in line with the HPI for detached houses in the Fareham local authority area.
• The December 2013 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 11 MARKEN CLOSE has not materially changed since December 2013.

How Large is 11 MARKEN CLOSE?

11 MARKEN CLOSE is 128m² according to the EPC inspection conducted in February 2013. This puts it in the largest 50% of detached houses houses in Warsash, based on EPC data. The below chart shows the distribution of detached houses houses by size in Warsash, and where 11 MARKEN CLOSE lies on this distribution: 57% of detached houses houses are smaller than 11 MARKEN CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Warsash.

11 MARKEN CLOSE: Plot and Title Map

11 MARKEN CLOSE sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 11 MARKEN 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 MARKEN 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 MARKEN CLOSE?

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