16, GRENADIER CLOSE, LOCKS HEATH, SOUTHAMPTON, SO31 6UE - £221,500

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

16 GRENADIER CLOSE is a very small detached house of 78m², built sometime between 1991 and 1995, which could now be worth an estimated £395,913. It was last sold for £221,500 in December 2009, which was around 28% below the average December 2009 detached price in the Fareham local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

16 GRENADIER CLOSE Sold Prices

Land registry data shows two sales for 16 GRENADIER CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. Both of the two 16 GRENADIER 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 4 DEC	£221,500	£306,314	28% below HPI
2005 14 JAN	£220,000	£291,871	25% below HPI

16 GRENADIER 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 two 16 GRENADIER CLOSE sales from January 2005 and December 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 January 2005 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the December 2009 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 16 GRENADIER CLOSE be worth now?

16 GRENADIER CLOSE might now be worth an estimated £395,913.

This is based on house price inflation of 78.7%, between December 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 78.7% inflationary increase is applied to the most recent sale price for 16 GRENADIER CLOSE of £221,500 on 4th December 2009. For the value to have increased from £221,500 to £395,913 over the fifteen years to December 2024, the following assumptions must hold true:

• The value of 16 GRENADIER CLOSE has moved in line with the HPI for detached houses in the Fareham local authority area.
• The December 2009 sale price of £221,500 represented a fair market value for the property.
• The size, condition, and specification of 16 GRENADIER CLOSE has not materially changed since December 2009.

How Large is 16 GRENADIER CLOSE?

16 GRENADIER CLOSE is 78m² according to the EPC inspection conducted in August 2023. This puts it in the smallest 10% 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 16 GRENADIER CLOSE lies on this distribution: 8% of detached houses houses are smaller than 16 GRENADIER CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

16 GRENADIER CLOSE: Plot and Title Map

16 GRENADIER CLOSE sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 16 GRENADIER 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 16 GRENADIER 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 16 GRENADIER CLOSE?

16 GRENADIER CLOSE is located in LOCKS HEATH, in the SO31 postcode district. The below map shows the position of No. 16 on GRENADIER CLOSE.