24, HOME RULE ROAD, LOCKS HEATH, SOUTHAMPTON, SO31 6LG - £399,995

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

24 HOME RULE ROAD is a midsized extended detached house of 119m², built sometime between 1950 and 1966, which could now be worth an estimated £454,773. It was last sold for £399,995 in December 2020, which was around 18% below the average December 2020 detached price in the Fareham local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

24 HOME RULE ROAD Sold Prices

Land registry data shows two sales for 24 HOME RULE ROAD 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 24 HOME RULE ROAD 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
2020 15 DEC	£399,995	£485,675	18% below HPI
2010 15 JAN	£275,000	£310,567	11% below HPI

24 HOME RULE ROAD 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 24 HOME RULE ROAD sales from January 2010 and December 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 January 2010 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the December 2020 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 24 HOME RULE ROAD be worth now?

24 HOME RULE ROAD might now be worth an estimated £454,773.

This is based on house price inflation of 13.7%, between December 2020 and February 2025, 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 13.7% inflationary increase is applied to the most recent sale price for 24 HOME RULE ROAD of £399,995 on 15th December 2020. For the value to have increased from £399,995 to £454,773 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 24 HOME RULE ROAD has moved in line with the HPI for detached houses in the Fareham local authority area.
• The December 2020 sale price of £399,995 represented a fair market value for the property.
• The size, condition, and specification of 24 HOME RULE ROAD has not materially changed since December 2020.

How Large is 24 HOME RULE ROAD?

24 HOME RULE ROAD is 119m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the largest 50% 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 24 HOME RULE ROAD lies on this distribution: 55% of detached houses houses are smaller than 24 HOME RULE ROAD, and 44% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

24 HOME RULE ROAD: Plot and Title Map

24 HOME RULE ROAD sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 24 HOME RULE ROAD, 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 24 HOME RULE ROAD). 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 24 HOME RULE ROAD?

24 HOME RULE ROAD is located in LOCKS HEATH, in the SO31 postcode district. The below map shows the position of No. 24 on HOME RULE ROAD.