23, PRIMROSE WAY, LOCKS HEATH, SOUTHAMPTON, SO31 6WW - £275,000

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

23 PRIMROSE WAY is a very small detached house of 81m², built sometime between 1983 and 1990. It was last sold for £275,000 in June 2015, which was around 27% below the average June 2015 detached price in the Fareham local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was C.

23 PRIMROSE WAY Sold Prices

Land registry data shows four sales for 23 PRIMROSE WAY 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. All of the four 23 PRIMROSE WAY sales 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
2015 19 JUN	£275,000	£374,641	27% below HPI
2005 8 JUL	£207,500	£281,113	26% below HPI
2002 12 JUN	£159,500	£220,624	28% below HPI
1997 27 NOV	£86,250	£123,623	30% below HPI

23 PRIMROSE WAY 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 23 PRIMROSE WAY sales between November 1997 and June 2015 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 July 2005 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the June 2015 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 23 PRIMROSE WAY?

23 PRIMROSE WAY is 81m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 20% of detached houses in Warsash, based on EPC data. The below chart shows the distribution of detached houses by size in Warsash, and where 23 PRIMROSE WAY lies on this distribution: 13% of detached houses are smaller than 23 PRIMROSE WAY, and 87% of houses are larger. Note that EPC data is not available for all properties in Warsash.

23 PRIMROSE WAY: Plot and Title Map

23 PRIMROSE WAY sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 23 PRIMROSE WAY, 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 23 PRIMROSE WAY). 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 23 PRIMROSE WAY?

23 PRIMROSE WAY is located in LOCKS HEATH, in the SO31 postcode district. The below map shows the position of No. 23 on PRIMROSE WAY.