15, HEATH ROAD, LOCKS HEATH, SOUTHAMPTON, SO31 6PH - £635,000

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

15 HEATH ROAD is a very large extended detached house of 181m², built sometime between 1983 and 1990. It was last sold for £635,000 in December 2017, which was around 40% above the average December 2017 detached price in the Fareham local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was C.

15 HEATH ROAD Sold Prices

Land registry data shows four sales for 15 HEATH ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. All of the four 15 HEATH ROAD sales 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
2017 1 DEC	£635,000	£451,968	40% above HPI
2013 29 NOV	£430,000	£331,028	30% above HPI
2004 29 JAN	£365,000	£264,742	38% above HPI
2001 13 SEP	£320,000	£205,934	55% above HPI

15 HEATH 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 four 15 HEATH ROAD sales between September 2001 and December 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 November 2013 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the December 2017 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is 15 HEATH ROAD?

15 HEATH ROAD is 181m², which includes two extensions, according to the EPC inspection conducted in March 2023. This puts it in the largest 10% 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 HEATH ROAD lies on this distribution: 92% of detached houses are smaller than 15 HEATH ROAD, and 7% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

15 HEATH ROAD: Plot and Title Map

15 HEATH ROAD sits on a plot of roughly 0.123 of an acre, or 498m². The below map shows the location of 15 HEATH 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 15 HEATH 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 15 HEATH ROAD?

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