28, MONTEREY DRIVE, LOCKS HEATH, SOUTHAMPTON, SO31 6NW - £575,000

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

28 MONTEREY DRIVE is a very large detached house of 170m², built sometime between 1996 and 2002. It was last sold for £575,000 in August 2016, which was around 37% above the average August 2016 detached price in the Fareham local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was C.

28 MONTEREY DRIVE Sold Prices

Land registry data shows five sales for 28 MONTEREY DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. All of the five 28 MONTEREY DRIVE 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
2016 19 AUG	£575,000	£420,886	37% above HPI
2013 18 OCT	£465,000	£329,173	41% above HPI
2010 10 SEP	£460,000	£325,436	41% above HPI
2006 12 JAN	£440,000	£285,803	54% above HPI
2003 8 JAN	£399,950	£261,602	53% above HPI

28 MONTEREY DRIVE 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 five 28 MONTEREY DRIVE sales between January 2003 and August 2016 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 October 2013 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the August 2016 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is 28 MONTEREY DRIVE?

28 MONTEREY DRIVE is 170m² according to the EPC inspection conducted in July 2010. This puts it in the largest 20% of detached houses in Locks Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Locks Heath, and where 28 MONTEREY DRIVE lies on this distribution: 89% of detached houses are smaller than 28 MONTEREY DRIVE, and 11% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

28 MONTEREY DRIVE: Plot and Title Map

28 MONTEREY DRIVE sits on a plot of roughly 0.121 of an acre, or 490m². The below map shows the location of 28 MONTEREY DRIVE, 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 28 MONTEREY DRIVE). 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 28 MONTEREY DRIVE?

28 MONTEREY DRIVE is located in LOCKS HEATH, in the SO31 postcode district. The below map shows the position of No. 28 on MONTEREY DRIVE.