24, PETERS CLOSE, LOCKS HEATH, SOUTHAMPTON, SO31 6EH - £399,950

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

24 PETERS CLOSE is a large extended detached house of 164m², built sometime between 1950 and 1966, which could now be worth an estimated £680,106. It was last sold for £399,950 in March 2013, which was around 24% above the average March 2013 detached price in the Fareham local authority area. The most recent EPC inspection was September 2012, where the current energy rating was C, and the potential energy rating was B.

24 PETERS CLOSE Sold Prices

Land registry data shows three sales for 24 PETERS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. All of the three 24 PETERS CLOSE 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
2013 28 MAR	£399,950	£321,975	24% above HPI
2007 4 SEP	£370,000	£336,295	10% above HPI
1997 4 JUL	£132,000	£117,504	12% above HPI

24 PETERS CLOSE 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 three 24 PETERS CLOSE sales between July 1997 and March 2013 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 2007 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the March 2013 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 24 PETERS CLOSE be worth now?

24 PETERS CLOSE might now be worth an estimated £680,106.

This is based on house price inflation of 70%, between March 2013 and December 2024, 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 70% inflationary increase is applied to the most recent sale price for 24 PETERS CLOSE of £399,950 on 28th March 2013. For the value to have increased from £399,950 to £680,106 over the ten years and three months to December 2024, the following assumptions must hold true:

• The value of 24 PETERS CLOSE has moved in line with the HPI for detached houses in the Fareham local authority area.
• The March 2013 sale price of £399,950 represented a fair market value for the property.
• The size, condition, and specification of 24 PETERS CLOSE has not materially changed since March 2013.

How Large is 24 PETERS CLOSE?

24 PETERS CLOSE is 164m², which includes one extension, according to the EPC inspection conducted in September 2012. This puts it in the largest 30% of detached houses houses in Warsash, based on EPC data. The below chart shows the distribution of detached houses houses by size in Warsash, and where 24 PETERS CLOSE lies on this distribution: 78% of detached houses houses are smaller than 24 PETERS CLOSE, and 22% of houses are larger. Note that EPC data is not available for all properties in Warsash.

24 PETERS CLOSE: Plot and Title Map

24 PETERS CLOSE sits on a plot of roughly 0.140 of an acre, or 566m². The below map shows the location of 24 PETERS CLOSE, 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 PETERS CLOSE). 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 PETERS CLOSE?

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