2, ILEX CRESCENT, LOCKS HEATH, SOUTHAMPTON, SO31 6SE - £540,000

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 ILEX CRESCENT is a very large extended detached house of 160m², built sometime between 1983 and 1990. It was last sold for £540,000 in October 2020, which was around 15% above the average October 2020 detached price in the Fareham local authority area. The most recent EPC inspection was December 2019, where the current energy rating was C, and the potential energy rating was C.

2 ILEX CRESCENT Sold Prices

Land registry data shows four sales for 2 ILEX CRESCENT since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. two of the four 2 ILEX CRESCENT sales were for above the average price, and four 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
2020 27 OCT	£540,000	£471,185	15% above HPI
2008 15 FEB	£316,000	£334,346	5% below HPI
2003 24 OCT	£250,000	£269,644	7% below HPI
1997 16 MAY	£113,500	£112,889	1% above HPI

2 ILEX CRESCENT 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 four 2 ILEX CRESCENT sales between May 1997 and October 2020 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 February 2008 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the October 2020 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 2 ILEX CRESCENT?

2 ILEX CRESCENT is 160m², which includes three extensions, according to the EPC inspection conducted in December 2019. This puts it in the largest 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 2 ILEX CRESCENT lies on this distribution: 85% of detached houses are smaller than 2 ILEX CRESCENT, and 15% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

2 ILEX CRESCENT: Plot and Title Map

2 ILEX CRESCENT sits on a plot of roughly 0.121 of an acre, or 488m². The below map shows the location of 2 ILEX CRESCENT, 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 ILEX CRESCENT). 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 ILEX CRESCENT?

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