14, SORREL CLOSE, LOCKS HEATH, SOUTHAMPTON, SO31 6XY - £103,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

14 SORREL CLOSE is a midsized detached house of 109m², built sometime between 1983 and 1990, which could now be worth an estimated £423,411. It was last sold for £103,000 in December 1998, which was around 23% below the average December 1998 detached price in the Fareham local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was B.

14 SORREL CLOSE Sold Prices

Land registry data shows two sales for 14 SORREL CLOSE 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 SORREL 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
1998 18 DEC	£103,000	£133,189	23% below HPI
1997 29 AUG	£94,950	£120,869	21% below HPI

14 SORREL 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 two 14 SORREL CLOSE sales from August 1997 and December 1998 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 August 1997 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the December 1998 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 14 SORREL CLOSE be worth now?

14 SORREL CLOSE might now be worth an estimated £423,411.

This is based on house price inflation of 311.1%, between December 1998 and December 2024, 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 311.1% inflationary increase is applied to the most recent sale price for 14 SORREL CLOSE of £103,000 on 18th December 1998. For the value to have increased from £103,000 to £423,411 over the 26 years to December 2024, the following assumptions must hold true:

• The value of 14 SORREL CLOSE has moved in line with the HPI for detached houses in the Fareham local authority area.
• The December 1998 sale price of £103,000 represented a fair market value for the property.
• The size, condition, and specification of 14 SORREL CLOSE has not materially changed since December 1998.

How Large is 14 SORREL CLOSE?

14 SORREL CLOSE is 109m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 50% 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 14 SORREL CLOSE lies on this distribution: 42% of detached houses houses are smaller than 14 SORREL CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

14 SORREL CLOSE: Plot and Title Map

14 SORREL CLOSE sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 14 SORREL 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 14 SORREL 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 14 SORREL CLOSE?

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