15, SNOWDROP CLOSE, LOCKS HEATH, SOUTHAMPTON, SO31 6HB - £507,000

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 SNOWDROP CLOSE is a large extended detached house of 141m², built sometime between 2003 and 2006. It was last sold for £507,000 in October 2023, which was around 7% below the average October 2023 detached price in the Fareham local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

15 SNOWDROP CLOSE Sold Prices

Land registry data shows three sales for 15 SNOWDROP 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. The three 15 SNOWDROP CLOSE sales were a mix of below the average price, roughly equal to the average price, and 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
2023 20 OCT	£507,000	£545,342	7% below HPI
2003 9 MAY	£265,000	£264,222	Close to HPI
2000 14 DEC	£209,000	£176,743	18% above HPI

15 SNOWDROP 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 SNOWDROP CLOSE sales between December 2000 and October 2023 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 May 2003 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the October 2023 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 15 SNOWDROP CLOSE?

15 SNOWDROP CLOSE is 141m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the largest 30% 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 SNOWDROP CLOSE lies on this distribution: 76% of detached houses are smaller than 15 SNOWDROP CLOSE, and 24% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

15 SNOWDROP CLOSE: Plot and Title Map

15 SNOWDROP CLOSE sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 15 SNOWDROP 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 SNOWDROP 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 SNOWDROP CLOSE?

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