19, THE GLADES, LOCKS HEATH, SOUTHAMPTON, SO31 6UX - £240,000

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

19 THE GLADES is a very small detached house of 83m², built sometime between 1983 and 1990. It was last sold for £240,000 in November 2006, which was around 20% below the average November 2006 detached price in the Fareham local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was B.

19 THE GLADES Sold Prices

Land registry data shows two sales for 19 THE GLADES 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. Both of the two 19 THE GLADES 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
2006 24 NOV	£240,000	£301,862	20% below HPI
2001 30 MAR	£132,000	£180,855	27% below HPI

19 THE GLADES 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 19 THE GLADES sales from March 2001 and November 2006 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 March 2001 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the November 2006 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 19 THE GLADES?

19 THE GLADES is 83m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 20% 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 19 THE GLADES lies on this distribution: 13% of detached houses are smaller than 19 THE GLADES, and 87% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

19 THE GLADES: Plot and Title Map

19 THE GLADES sits on a plot of roughly 0.079 of an acre, or 322m². The below map shows the location of 19 THE GLADES, 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 THE GLADES). 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 THE GLADES?

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