12, SOUTHWOOD GARDENS, LOCKS HEATH, SOUTHAMPTON, SO31 6WL - £400,000

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.

12 SOUTHWOOD GARDENS is a large detached house of 125m², built sometime between 1996 and 2002, which could now be worth an estimated £483,550. It was last sold for £400,000 in November 2019, which was around 12% below the average November 2019 detached price in the Fareham local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was B.

12 SOUTHWOOD GARDENS Sold Prices

Land registry data shows three sales for 12 SOUTHWOOD GARDENS 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. Two of the three 12 SOUTHWOOD GARDENS sales were for below the average price, whilst one was 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
2019 29 NOV	£400,000	£456,778	12% below HPI
1997 12 DEC	£124,950	£123,876	1% above HPI
1996 16 SEP	£45,000	£108,904	59% below HPI

12 SOUTHWOOD GARDENS 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 SOUTHWOOD GARDENS sales between September 1996 and November 2019 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 December 1997 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the November 2019 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 12 SOUTHWOOD GARDENS be worth now?

12 SOUTHWOOD GARDENS might now be worth an estimated £483,550.

This is based on house price inflation of 20.9%, between November 2019 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 20.9% inflationary increase is applied to the most recent sale price for 12 SOUTHWOOD GARDENS of £400,000 on 29th November 2019. For the value to have increased from £400,000 to £483,550 over the six years and nine months to February 2025, the following assumptions must hold true:

• The value of 12 SOUTHWOOD GARDENS has moved in line with the HPI for detached houses in the Fareham local authority area.
• The November 2019 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 12 SOUTHWOOD GARDENS has not materially changed since November 2019.

How Large is 12 SOUTHWOOD GARDENS?

12 SOUTHWOOD GARDENS is 125m² according to the EPC inspection conducted in April 2019. This puts it in the largest 40% 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 12 SOUTHWOOD GARDENS lies on this distribution: 61% of detached houses houses are smaller than 12 SOUTHWOOD GARDENS, and 38% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

12 SOUTHWOOD GARDENS: Plot and Title Map

12 SOUTHWOOD GARDENS sits on a plot of roughly 0.088 of an acre, or 358m². The below map shows the location of 12 SOUTHWOOD GARDENS, 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 SOUTHWOOD GARDENS). 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 SOUTHWOOD GARDENS?

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