27, BEACON WAY, PARK GATE, SOUTHAMPTON, SO31 7GL - £432,000

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

27 BEACON WAY is a large extended detached house of 146m², built sometime between 1967 and 1975. It was last sold for £432,000 in June 2021, which was around 12% below the average June 2021 detached price in the Fareham local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was C.

27 BEACON WAY Sold Prices

Land registry data shows three sales for 27 BEACON WAY 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 27 BEACON 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
2021 30 JUN	£432,000	£490,561	12% below HPI
2015 12 MAY	£300,000	£373,313	20% below HPI
1998 4 DEC	£93,950	£131,960	29% below HPI

27 BEACON 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 three 27 BEACON WAY sales between December 1998 and June 2021 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 May 2015 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the June 2021 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 27 BEACON WAY?

27 BEACON WAY is 146m², which includes one extension, according to the EPC inspection conducted in March 2024. This puts it in the largest 30% of detached houses in Park Gate, based on EPC data. The below chart shows the distribution of detached houses by size in Park Gate, and where 27 BEACON WAY lies on this distribution: 78% of detached houses are smaller than 27 BEACON WAY, and 21% of houses are larger. Note that EPC data is not available for all properties in Park Gate.

27 BEACON WAY: Plot and Title Map

27 BEACON WAY sits on a plot of roughly 0.197 of an acre, or 796m². The below map shows the location of 27 BEACON 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 27 BEACON 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 27 BEACON WAY?

27 BEACON WAY is located in PARK GATE, in the SO31 postcode district. The below map shows the position of No. 27 on BEACON WAY.