18A, LODGE ROAD, LOCKS HEATH, SOUTHAMPTON, SO31 6QY - £275,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

18A LODGE ROAD is a midsized extended detached house of 112m², built sometime between 2007 and 2011. It was last sold for £275,000 in June 2013, which was around 13% below the average June 2013 detached price in the Fareham local authority area. The most recent EPC inspection was June 2024, where the current energy rating was C, and the potential energy rating was B.

18A LODGE ROAD Sold Prices

Land registry data shows two sales for 18A LODGE ROAD 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 18A LODGE ROAD sales was for below the average price, whilst the other was roughly equal to 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
2013 7 JUN	£275,000	£317,271	13% below HPI
2009 11 JUN	£280,000	£280,147	Close to HPI

18A LODGE ROAD 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 18A LODGE ROAD sales from June 2009 and June 2013 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 June 2009 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the June 2013 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 18A LODGE ROAD?

18A LODGE ROAD is 112m², which includes one extension, according to the EPC inspection conducted in June 2024. This puts it in the smallest 50% 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 18A LODGE ROAD lies on this distribution: 45% of detached houses are smaller than 18A LODGE ROAD, and 54% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

18A LODGE ROAD: Plot and Title Map

18A LODGE ROAD sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 18A LODGE ROAD, 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 18A LODGE ROAD). 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 18A LODGE ROAD?

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