19, SHEPHERDS PURSE CLOSE, LOCKS HEATH, SOUTHAMPTON, SO31 6DF - £335,000

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.

19 SHEPHERDS PURSE CLOSE is a small detached house of 95m², built sometime between 1991 and 1995, which could now be worth an estimated £414,297. It was last sold for £335,000 in August 2017, which was around 25% below the average August 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.

19 SHEPHERDS PURSE CLOSE Sold Prices

Land registry data shows three sales for 19 SHEPHERDS PURSE 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 19 SHEPHERDS PURSE 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
2017 2 AUG	£335,000	£446,498	25% below HPI
2017 30 JUN	£331,986	£442,589	25% below HPI
2016 16 AUG	£320,000	£424,805	25% below HPI

19 SHEPHERDS PURSE 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 19 SHEPHERDS PURSE CLOSE sales between August 2016 and August 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 June 2017 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2017 sale, which was also at 25% below the HPI.

What might 19 SHEPHERDS PURSE CLOSE be worth now?

19 SHEPHERDS PURSE CLOSE might now be worth an estimated £414,297.

This is based on house price inflation of 23.7%, between August 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 23.7% inflationary increase is applied to the most recent sale price for 19 SHEPHERDS PURSE CLOSE of £335,000 on 2nd August 2017. For the value to have increased from £335,000 to £414,297 over the eight years and six months to February 2025, the following assumptions must hold true:

• The value of 19 SHEPHERDS PURSE CLOSE has moved in line with the HPI for detached houses in the Fareham local authority area.
• The August 2017 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 19 SHEPHERDS PURSE CLOSE has not materially changed since August 2017.

How Large is 19 SHEPHERDS PURSE CLOSE?

19 SHEPHERDS PURSE CLOSE is 95m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 30% 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 19 SHEPHERDS PURSE CLOSE lies on this distribution: 24% of detached houses houses are smaller than 19 SHEPHERDS PURSE CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Warsash.

19 SHEPHERDS PURSE CLOSE: Plot and Title Map

19 SHEPHERDS PURSE CLOSE sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 19 SHEPHERDS PURSE 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 19 SHEPHERDS PURSE 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 19 SHEPHERDS PURSE CLOSE?

19 SHEPHERDS PURSE CLOSE is located in LOCKS HEATH, in the SO31 postcode district. The below map shows the position of No. 19 on SHEPHERDS PURSE CLOSE.