2, THE CHIMES, LOCKS HEATH, SOUTHAMPTON, SO31 6DA - £580,000

2 THE CHIMES is a very large detached house of 188m². It was last sold for £580,000 in June 2016, which was around 41% above the average June 2016 detached price in the Fareham local authority area. The most recent EPC inspection was June 2016, where the current energy rating was B, and the potential energy rating was A.

2 THE CHIMES Sold Prices

Land registry data shows two sales for 2 THE CHIMES 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 THE CHIMES 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
2016 30 JUN	£580,000	£411,509	41% above HPI
2014 8 DEC	£395,000	£367,149	8% above HPI

2 THE CHIMES 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 THE CHIMES sales from December 2014 and June 2016 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 December 2014 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the June 2016 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

How Large is 2 THE CHIMES?

2 THE CHIMES is 188m² according to the EPC inspection conducted in June 2016. This puts it in the largest 10% 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 THE CHIMES lies on this distribution: 94% of detached houses are smaller than 2 THE CHIMES, and 6% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

2 THE CHIMES: Plot and Title Map

2 THE CHIMES sits on a plot of roughly 0.174 of an acre, or 703m². The below map shows the location of 2 THE CHIMES, 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 THE CHIMES). 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 THE CHIMES?

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