15, FIELD CLOSE, LOCKS HEATH, SOUTHAMPTON, SO31 6TX - £525,000

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 FIELD CLOSE is a midsized detached house of 111m², built sometime between 1983 and 1990. It was last sold for £525,000 in July 2024, which was around 3% below the average July 2024 detached price in the Fareham local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was B.

15 FIELD CLOSE Sold Prices

Land registry data shows three sales for 15 FIELD 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. Two of the three 15 FIELD CLOSE 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
2024 11 JUL	£525,000	£543,457	3% below HPI
2001 16 NOV	£196,500	£206,055	5% below HPI
1997 18 APR	£119,000	£112,560	6% above HPI

15 FIELD 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 FIELD CLOSE sales between April 1997 and July 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 November 2001 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the July 2024 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 15 FIELD CLOSE?

15 FIELD CLOSE is 111m² according to the EPC inspection conducted in August 2023. This puts it in the smallest 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 FIELD CLOSE lies on this distribution: 44% of detached houses are smaller than 15 FIELD CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

15 FIELD CLOSE: Plot and Title Map

15 FIELD CLOSE sits on a plot of roughly 0.103 of an acre, or 416m². The below map shows the location of 15 FIELD 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 FIELD 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 FIELD CLOSE?

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