12, ERICA CLOSE, LOCKS HEATH, SOUTHAMPTON, SO31 6SD - £370,000

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

12 ERICA CLOSE is a large detached house of 132m², built sometime between 1983 and 1990. It was last sold for £370,000 in August 2012, which was around 16% above the average August 2012 detached price in the Fareham local authority area. The most recent EPC inspection was March 2012, where the current energy rating was E, and the potential energy rating was D.

12 ERICA CLOSE Sold Prices

Land registry data shows three sales for 12 ERICA 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 12 ERICA 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
2012 24 AUG	£370,000	£318,757	16% above HPI
2007 20 APR	£345,000	£311,803	11% above HPI
1996 31 MAY	£135,000	£101,626	33% above HPI

12 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 three 12 ERICA CLOSE sales between May 1996 and August 2012 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 April 2007 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the August 2012 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 12 ERICA CLOSE?

12 ERICA CLOSE is 132m² according to the EPC inspection conducted in March 2012. This puts it in the largest 40% 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 12 ERICA CLOSE lies on this distribution: 68% of detached houses are smaller than 12 ERICA CLOSE, and 31% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

12 ERICA CLOSE: Plot and Title Map

12 ERICA CLOSE sits on a plot of roughly 0.156 of an acre, or 631m². The below map shows the location of 12 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 12 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 12 ERICA CLOSE?

12 ERICA CLOSE is located in LOCKS HEATH, in the SO31 postcode district. The below map shows the position of No. 12 on ERICA CLOSE.