15, ERICA CLOSE, LOCKS HEATH, SOUTHAMPTON, SO31 6SD - £455,000

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 ERICA CLOSE is a midsized extended detached house of 117m², built sometime between 1991 and 1995. It was last sold for £455,000 in April 2019, which was around 1% below the average April 2019 detached price in the Fareham local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

15 ERICA CLOSE Sold Prices

Land registry data shows three sales for 15 ERICA CLOSE 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. One of the three 15 ERICA CLOSE sales was for below the average price, whilst two were 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 8 APR	£455,000	£458,953	1% below HPI
2006 6 APR	£325,000	£288,357	13% above HPI
2003 1 APR	£271,000	£265,158	2% above HPI

15 ERICA 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 three 15 ERICA CLOSE sales between April 2003 and April 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 April 2006 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the April 2019 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 15 ERICA CLOSE?

15 ERICA CLOSE is 117m², which includes one extension, according to the EPC inspection conducted in October 2015. 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 ERICA CLOSE lies on this distribution: 53% of detached houses are smaller than 15 ERICA CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

15 ERICA CLOSE: Plot and Title Map

15 ERICA CLOSE sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 15 ERICA 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 ERICA 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 ERICA CLOSE?

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