18, PARKLANDS, SARISBURY GREEN, SOUTHAMPTON, SO31 7WR - £448,000

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.

18 PARKLANDS is a very large extended detached house of 160m², built sometime between 1983 and 1990, which could now be worth an estimated £574,592. It was last sold for £448,000 in February 2017, which was around 4% above the average February 2017 detached price in the Fareham local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

18 PARKLANDS Sold Prices

Land registry data shows two sales for 18 PARKLANDS 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 18 PARKLANDS sales was for above the average price, whilst the other was 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
2017 24 FEB	£448,000	£430,531	4% above HPI
2000 18 FEB	£145,000	£155,873	7% below HPI

18 PARKLANDS 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 18 PARKLANDS sales from February 2000 and February 2017 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 2000 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the February 2017 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 18 PARKLANDS be worth now?

18 PARKLANDS might now be worth an estimated £574,592.

This is based on house price inflation of 28.3%, between February 2017 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 28.3% inflationary increase is applied to the most recent sale price for 18 PARKLANDS of £448,000 on 24th February 2017. For the value to have increased from £448,000 to £574,592 over the eight years to February 2025, the following assumptions must hold true:

• The value of 18 PARKLANDS has moved in line with the HPI for detached houses in the Fareham local authority area.
• The February 2017 sale price of £448,000 represented a fair market value for the property.
• The size, condition, and specification of 18 PARKLANDS has not materially changed since February 2017.

How Large is 18 PARKLANDS?

18 PARKLANDS is 160m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the largest 20% 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 18 PARKLANDS lies on this distribution: 85% of detached houses houses are smaller than 18 PARKLANDS, and 15% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

18 PARKLANDS: Plot and Title Map

18 PARKLANDS sits on a plot of roughly 0.084 of an acre, or 338m². The below map shows the location of 18 PARKLANDS, 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 18 PARKLANDS). 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 18 PARKLANDS?

18 PARKLANDS is located in SARISBURY GREEN, in the SO31 postcode district. The below map shows the position of No. 18 on PARKLANDS.