2, THE VALE, LOCKS HEATH, SOUTHAMPTON, SO31 6NL - £270,000

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 THE VALE is a large detached house of 149m², built sometime between 1991 and 1995. It was last sold for £270,000 in August 2001, which was around 36% above the average August 2001 detached price in the Fareham local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

2 THE VALE Sold Prices

Land registry data shows two sales for 2 THE VALE 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 VALE 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
2001 7 AUG	£270,000	£198,660	36% above HPI
1995 8 SEP	£155,000	£101,524	53% above HPI

2 THE VALE 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 VALE sales from September 1995 and August 2001 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 1995 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the August 2001 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

How Large is 2 THE VALE?

2 THE VALE is 149m² according to the EPC inspection conducted in March 2011. This puts it in the largest 30% of detached houses in Titchfield Common, based on EPC data. The below chart shows the distribution of detached houses by size in Titchfield Common, and where 2 THE VALE lies on this distribution: 75% of detached houses are smaller than 2 THE VALE, and 25% of houses are larger. Note that EPC data is not available for all properties in Titchfield Common.

2 THE VALE: Plot and Title Map

2 THE VALE sits on a plot of roughly 0.097 of an acre, or 392m². The below map shows the location of 2 THE VALE, 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 VALE). 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 VALE?

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