2, CONFERENCE DRIVE, LOCKS HEATH, SOUTHAMPTON, SO31 6WQ - £304,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 CONFERENCE DRIVE is a large extended detached house of 130m², built sometime between 1991 and 1995. It was last sold for £304,000 in July 2012, which was around 6% below the average July 2012 detached price in the Fareham local authority area. The most recent EPC inspection was November 2009, where the current energy rating was D, and the potential energy rating was C.

2 CONFERENCE DRIVE Sold Prices

Land registry data shows three sales for 2 CONFERENCE DRIVE 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. Two of the three 2 CONFERENCE DRIVE sales were for below the average price, whilst one was for above 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
2012 27 JUL	£304,000	£323,171	6% below HPI
2000 15 SEP	£177,000	£179,965	2% below HPI
1999 4 AUG	£146,250	£141,595	3% above HPI

2 CONFERENCE DRIVE 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 2 CONFERENCE DRIVE sales between August 1999 and July 2012 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 2000 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the July 2012 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 2 CONFERENCE DRIVE?

2 CONFERENCE DRIVE is 130m², which includes two extensions, according to the EPC inspection conducted in November 2009. This puts it in the largest 40% 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 2 CONFERENCE DRIVE lies on this distribution: 66% of detached houses are smaller than 2 CONFERENCE DRIVE, and 34% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

2 CONFERENCE DRIVE: Plot and Title Map

2 CONFERENCE DRIVE sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 2 CONFERENCE DRIVE, 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 2 CONFERENCE DRIVE). 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 2 CONFERENCE DRIVE?

2 CONFERENCE DRIVE is located in LOCKS HEATH, in the SO31 postcode district. The below map shows the position of No. 2 on CONFERENCE DRIVE.