14, LODGE ROAD, LOCKS HEATH, SOUTHAMPTON, SO31 6QY - £370,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

14 LODGE ROAD is a small detached house of 105m², built sometime between 1976 and 1982. It was last sold for £370,000 in November 2017, which was around 18% below the average November 2017 detached price in the Fareham local authority area. The most recent EPC inspection was January 2017, where the current energy rating was C, and the potential energy rating was B.

14 LODGE ROAD Sold Prices

Land registry data shows two sales for 14 LODGE ROAD 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 14 LODGE ROAD 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 16 NOV	£370,000	£450,648	18% below HPI
2004 9 JUL	£240,000	£278,624	14% below HPI

14 LODGE ROAD 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 14 LODGE ROAD sales from July 2004 and November 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 July 2004 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the November 2017 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 14 LODGE ROAD?

14 LODGE ROAD is 105m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 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 14 LODGE ROAD lies on this distribution: 37% of detached houses are smaller than 14 LODGE ROAD, and 62% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

14 LODGE ROAD: Plot and Title Map

14 LODGE ROAD sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 14 LODGE ROAD, 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 14 LODGE ROAD). 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 14 LODGE ROAD?

14 LODGE ROAD is located in LOCKS HEATH, in the SO31 postcode district. The below map shows the position of No. 14 on LODGE ROAD.