15, CHINE CLOSE, LOCKS HEATH, SOUTHAMPTON, SO31 6WA - £475,000

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

15 CHINE CLOSE is a midsized detached house of 118m², built sometime between 1983 and 1990. It was last sold for £475,000 in May 2024, which was around 12% below the average May 2024 detached price in the Fareham local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

15 CHINE CLOSE Sold Prices

Land registry data shows two sales for 15 CHINE 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 15 CHINE 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
2024 31 MAY	£475,000	£540,969	12% below HPI
1999 16 JUL	£119,000	£137,703	14% below HPI

15 CHINE 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 15 CHINE CLOSE sales from July 1999 and May 2024 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 1999 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the May 2024 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 15 CHINE CLOSE?

15 CHINE CLOSE is 118m² according to the EPC inspection conducted in May 2022. This puts it in the largest 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 15 CHINE CLOSE lies on this distribution: 53% of detached houses are smaller than 15 CHINE CLOSE, and 45% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

15 CHINE CLOSE: Plot and Title Map

15 CHINE CLOSE sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 15 CHINE 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 15 CHINE 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 15 CHINE CLOSE?

15 CHINE CLOSE is located in LOCKS HEATH, in the SO31 postcode district. The below map shows the position of No. 15 on CHINE CLOSE.