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 GORSE CLOSE is a midsized detached house of 112m², built sometime between 1983 and 1990. It was last sold for £360,000 in August 2017, which was around 19% below the average August 2017 detached price in the Fareham local authority area. The most recent EPC inspection was November 2009, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows three sales for 12 GORSE CLOSE since 1st 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 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 25 AUG | £360,000 | £442,379 | 19% below HPI |
2010 20 MAY | £250,000 | £307,667 | 19% below HPI |
1997 31 JAN | £103,000 | £110,944 | 7% below HPI |
The below graph shows the average detached house price in the Fareham local authority area over time, sourced from the HPI. The three 12 GORSE CLOSE sales between January 1997 and August 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 2010 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2017 sale, which was also at 19% below the HPI.
12 GORSE CLOSE is 112m² according to the EPC inspection conducted in November 2009. This puts it in the smallest 50% 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 GORSE CLOSE lies on this distribution: 45% of detached houses are smaller than 12 GORSE CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.
12 GORSE CLOSE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 12 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 12 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.
12 GORSE CLOSE is located in LOCKS HEATH, in the SO31 postcode district. The below map shows the position of No. 12 on GORSE CLOSE.