16, SNOWDROP CLOSE, LOCKS HEATH, SOUTHAMPTON, SO31 6HB - £272,500

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 SNOWDROP CLOSE is a small detached house of 106m², built sometime between 1996 and 2002, which could now be worth an estimated £471,922. It was last sold for £272,500 in December 2012, which was around 14% below the average December 2012 detached price in the Fareham local authority area. The most recent EPC inspection was November 2010, where the current energy rating was C, and the potential energy rating was C.

16 SNOWDROP CLOSE Sold Prices

Land registry data shows two sales for 16 SNOWDROP 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. One of the two 16 SNOWDROP CLOSE sales was for below the average price, whilst the other was 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
2012 14 DEC	£272,500	£316,147	14% below HPI
2000 8 NOV	£186,000	£179,367	4% above HPI

16 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 two 16 SNOWDROP CLOSE sales from November 2000 and December 2012 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 November 2000 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the December 2012 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 16 SNOWDROP CLOSE be worth now?

16 SNOWDROP CLOSE might now be worth an estimated £471,922.

This is based on house price inflation of 73.2%, between December 2012 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 73.2% inflationary increase is applied to the most recent sale price for 16 SNOWDROP CLOSE of £272,500 on 14th December 2012. For the value to have increased from £272,500 to £471,922 over the twelve years to December 2024, the following assumptions must hold true:

• The value of 16 SNOWDROP CLOSE has moved in line with the HPI for detached houses in the Fareham local authority area.
• The December 2012 sale price of £272,500 represented a fair market value for the property.
• The size, condition, and specification of 16 SNOWDROP CLOSE has not materially changed since December 2012.

How Large is 16 SNOWDROP CLOSE?

16 SNOWDROP CLOSE is 106m² according to the EPC inspection conducted in November 2010. This puts it in the smallest 40% 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 SNOWDROP CLOSE lies on this distribution: 39% of detached houses houses are smaller than 16 SNOWDROP CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

16 SNOWDROP CLOSE: Plot and Title Map

16 SNOWDROP CLOSE sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 16 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 16 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 16 SNOWDROP CLOSE?

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