16, MONTEREY DRIVE, LOCKS HEATH, SOUTHAMPTON, SO31 6NW - £707,500

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

16 MONTEREY DRIVE is a very large detached house of 163m², built sometime between 1991 and 1995. It was last sold for £707,500 in May 2021, which was around 46% above the average May 2021 detached price in the Fareham local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was C.

16 MONTEREY DRIVE Sold Prices

Land registry data shows four sales for 16 MONTEREY DRIVE 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 16 MONTEREY DRIVE 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
2021 7 MAY	£707,500	£483,761	46% above HPI
2009 25 FEB	£420,000	£282,797	49% above HPI
2001 26 JUL	£310,000	£192,263	61% above HPI
1997 16 MAY	£200,000	£112,889	77% above HPI

16 MONTEREY DRIVE 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 16 MONTEREY DRIVE sales between May 1997 and May 2021 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 February 2009 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the May 2021 sale, where it falls to 46% above the HPI. The line then continues to track at 46% above the HPI.

How Large is 16 MONTEREY DRIVE?

16 MONTEREY DRIVE is 163m² according to the EPC inspection conducted in December 2015. This puts it in the largest 20% 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 16 MONTEREY DRIVE lies on this distribution: 86% of detached houses are smaller than 16 MONTEREY DRIVE, and 13% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

16 MONTEREY DRIVE: Plot and Title Map

16 MONTEREY DRIVE sits on a plot of roughly 0.146 of an acre, or 591m². The below map shows the location of 16 MONTEREY DRIVE, 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 MONTEREY DRIVE). 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 MONTEREY DRIVE?

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