15, PARKLANDS, SARISBURY GREEN, SOUTHAMPTON, SO31 7WR - £283,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

15 PARKLANDS is a midsized extended detached house of 117m², built sometime between 1983 and 1990, which could now be worth an estimated £430,056. It was last sold for £283,000 in September 2014, which was around 22% below the average September 2014 detached price in the Fareham local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was C.

15 PARKLANDS Sold Prices

Land registry data shows four sales for 15 PARKLANDS 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 PARKLANDS 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
2014 29 SEP	£283,000	£363,369	22% below HPI
2008 29 APR	£275,000	£337,821	19% below HPI
1999 23 APR	£122,000	£136,218	10% below HPI
1997 20 MAR	£102,500	£113,578	10% below HPI

15 PARKLANDS 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 PARKLANDS sales between March 1997 and September 2014 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 2008 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2014 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 15 PARKLANDS be worth now?

15 PARKLANDS might now be worth an estimated £430,056.

This is based on house price inflation of 52%, between September 2014 and February 2025, 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 52% inflationary increase is applied to the most recent sale price for 15 PARKLANDS of £283,000 on 29th September 2014. For the value to have increased from £283,000 to £430,056 over the eleven years and seven months to February 2025, the following assumptions must hold true:

• The value of 15 PARKLANDS has moved in line with the HPI for detached houses in the Fareham local authority area.
• The September 2014 sale price of £283,000 represented a fair market value for the property.
• The size, condition, and specification of 15 PARKLANDS has not materially changed since September 2014.

How Large is 15 PARKLANDS?

15 PARKLANDS is 117m², which includes one extension, according to the EPC inspection conducted in July 2012. This puts it in the largest 50% 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 PARKLANDS lies on this distribution: 52% of detached houses houses are smaller than 15 PARKLANDS, and 47% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

15 PARKLANDS: Plot and Title Map

15 PARKLANDS sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 15 PARKLANDS, 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 PARKLANDS). 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 PARKLANDS?

15 PARKLANDS is located in SARISBURY GREEN, in the SO31 postcode district. The below map shows the position of No. 15 on PARKLANDS.