2, GROVEBURY, LOCKS HEATH, SOUTHAMPTON, SO31 6PL - £810,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 GROVEBURY is a very large extended detached house of 177m², built sometime between 1991 and 1995, which could now be worth an estimated £810,038. It was last sold for £810,000 in August 2024, which was around 48% above the average August 2024 detached price in the Fareham local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was C.

2 GROVEBURY Sold Prices

Land registry data shows two sales for 2 GROVEBURY 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 2 GROVEBURY sales were 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
2024 9 AUG	£810,000	£547,485	48% above HPI
1999 15 SEP	£249,950	£144,271	73% above HPI

2 GROVEBURY 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 2 GROVEBURY sales from September 1999 and August 2024 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 1999 sale was for 73% above the HPI. So the extrapolation line tracks at 73% above the HPI over time, until the August 2024 sale, where it falls to 48% above the HPI. The line then continues to track at 48% above the HPI.

What might 2 GROVEBURY be worth now?

2 GROVEBURY might now be worth an estimated £810,038.

This is based on house price inflation of 0%, between August 2024 and December 2024, 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 0% inflationary increase is applied to the most recent sale price for 2 GROVEBURY of £810,000 on 9th August 2024. For the value to have increased from £810,000 to £810,038 over the eight months to December 2024, the following assumptions must hold true:

• The value of 2 GROVEBURY has moved in line with the HPI for detached houses in the Fareham local authority area.
• The August 2024 sale price of £810,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GROVEBURY has not materially changed since August 2024.

How Large is 2 GROVEBURY?

2 GROVEBURY is 177m², which includes one extension, according to the EPC inspection conducted in November 2017. This puts it in the largest 10% of detached houses houses in Locks Heath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Locks Heath, and where 2 GROVEBURY lies on this distribution: 91% of detached houses houses are smaller than 2 GROVEBURY, and 9% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

2 GROVEBURY: Plot and Title Map

2 GROVEBURY sits on a plot of roughly 0.181 of an acre, or 733m². The below map shows the location of 2 GROVEBURY, 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 GROVEBURY). 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 GROVEBURY?

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