18, PETERS CLOSE, LOCKS HEATH, SOUTHAMPTON, SO31 6EH - £245,000

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 PETERS CLOSE is a very small detached house of 82m², built sometime between 1950 and 1966, which could now be worth an estimated £476,810. It was last sold for £245,000 in July 2005, which was around 14% below the average July 2005 detached price in the Fareham local authority area. The most recent EPC inspection was August 2013, where the current energy rating was B, and the potential energy rating was A.

18 PETERS CLOSE Sold Prices

Land registry data shows three sales for 18 PETERS CLOSE 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 18 PETERS 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
2005 26 JUL	£245,000	£283,731	14% below HPI
2004 6 SEP	£229,000	£290,152	21% below HPI
2003 29 AUG	£195,055	£272,689	28% below HPI

18 PETERS 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 three 18 PETERS CLOSE sales between August 2003 and July 2005 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 September 2004 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the July 2005 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 18 PETERS CLOSE be worth now?

18 PETERS CLOSE might now be worth an estimated £476,810.

This is based on house price inflation of 94.6%, between July 2005 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 94.6% inflationary increase is applied to the most recent sale price for 18 PETERS CLOSE of £245,000 on 26th July 2005. For the value to have increased from £245,000 to £476,810 over the twenty years and five months to February 2025, the following assumptions must hold true:

• The value of 18 PETERS CLOSE has moved in line with the HPI for detached houses in the Fareham local authority area.
• The July 2005 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 18 PETERS CLOSE has not materially changed since July 2005.

How Large is 18 PETERS CLOSE?

18 PETERS CLOSE is 82m² according to the EPC inspection conducted in August 2013. This puts it in the smallest 20% of detached houses houses in Warsash, based on EPC data. The below chart shows the distribution of detached houses houses by size in Warsash, and where 18 PETERS CLOSE lies on this distribution: 13% of detached houses houses are smaller than 18 PETERS CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Warsash.

18 PETERS CLOSE: Plot and Title Map

18 PETERS CLOSE sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of 18 PETERS 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 18 PETERS 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 18 PETERS CLOSE?

18 PETERS CLOSE is located in LOCKS HEATH, in the SO31 postcode district. The below map shows the position of No. 18 on PETERS CLOSE.