15, LAXTON CLOSE, LOCKS HEATH, SOUTHAMPTON, SO31 6WN - £225,000

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

15 LAXTON CLOSE is a very small extended detached house of 82m², built sometime between 1983 and 1990, which could now be worth an estimated £431,014. It was last sold for £225,000 in August 2009, which was around 21% below the average August 2009 detached price in the Fareham local authority area. The most recent EPC inspection was June 2009, where the current energy rating was D, and the potential energy rating was C.

15 LAXTON CLOSE Sold Prices

Land registry data shows three sales for 15 LAXTON 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. All of the three 15 LAXTON 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
2009 14 AUG	£225,000	£285,814	21% below HPI
2004 29 MAR	£202,000	£270,550	25% below HPI
1996 28 JUN	£75,995	£104,378	27% below HPI

15 LAXTON 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 LAXTON CLOSE sales between June 1996 and August 2009 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 March 2004 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2009 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 15 LAXTON CLOSE be worth now?

15 LAXTON CLOSE might now be worth an estimated £431,014.

This is based on house price inflation of 91.6%, between August 2009 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 91.6% inflationary increase is applied to the most recent sale price for 15 LAXTON CLOSE of £225,000 on 14th August 2009. For the value to have increased from £225,000 to £431,014 over the fourteen years and eight months to December 2024, the following assumptions must hold true:

• The value of 15 LAXTON CLOSE has moved in line with the HPI for detached houses in the Fareham local authority area.
• The August 2009 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 15 LAXTON CLOSE has not materially changed since August 2009.

How Large is 15 LAXTON CLOSE?

15 LAXTON CLOSE is 82m², which includes one extension, according to the EPC inspection conducted in June 2009. This puts it in the smallest 20% 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 15 LAXTON CLOSE lies on this distribution: 11% of detached houses houses are smaller than 15 LAXTON CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

15 LAXTON CLOSE: Plot and Title Map

15 LAXTON CLOSE sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 15 LAXTON 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 LAXTON 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 LAXTON CLOSE?

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