15, THE VALE, LOCKS HEATH, SOUTHAMPTON, SO31 6NL - £500,000

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 THE VALE is a very large detached house of 179m², built sometime between 1996 and 2002, which could now be worth an estimated £690,968. It was last sold for £500,000 in December 2015, which was around 25% above the average December 2015 detached price in the Fareham local authority area. The most recent EPC inspection was August 2015, where the current energy rating was C, and the potential energy rating was C.

15 THE VALE Sold Prices

Land registry data shows three sales for 15 THE VALE 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 THE VALE 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
2015 11 DEC	£500,000	£399,575	25% above HPI
2006 9 JUN	£370,000	£297,225	24% above HPI
1999 8 JAN	£180,000	£132,155	36% above HPI

15 THE VALE 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 THE VALE sales between January 1999 and December 2015 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 June 2006 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the December 2015 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 15 THE VALE be worth now?

15 THE VALE might now be worth an estimated £690,968.

This is based on house price inflation of 38.2%, between December 2015 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 38.2% inflationary increase is applied to the most recent sale price for 15 THE VALE of £500,000 on 11th December 2015. For the value to have increased from £500,000 to £690,968 over the ten years and ten months to February 2025, the following assumptions must hold true:

• The value of 15 THE VALE has moved in line with the HPI for detached houses in the Fareham local authority area.
• The December 2015 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 15 THE VALE has not materially changed since December 2015.

How Large is 15 THE VALE?

15 THE VALE is 179m² according to the EPC inspection conducted in August 2015. This puts it in the largest 10% of detached houses houses in Titchfield Common, based on EPC data. The below chart shows the distribution of detached houses houses by size in Titchfield Common, and where 15 THE VALE lies on this distribution: 93% of detached houses houses are smaller than 15 THE VALE, and 7% of houses are larger. Note that EPC data is not available for all properties in Titchfield Common.

15 THE VALE: Plot and Title Map

15 THE VALE sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 15 THE VALE, 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 THE VALE). 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 THE VALE?

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