28A, HOME RULE ROAD, LOCKS HEATH, SOUTHAMPTON, SO31 6LG - £615,000

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

28A HOME RULE ROAD is a very large detached house of 224m², built sometime between 1991 and 1995. It was last sold for £615,000 in December 2018, which was around 35% above the average December 2018 detached price in the Fareham local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was C.

28A HOME RULE ROAD Sold Prices

Land registry data shows three sales for 28A HOME RULE ROAD 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 28A HOME RULE ROAD 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
2018 12 DEC	£615,000	£455,641	35% above HPI
2016 5 AUG	£585,000	£420,886	39% above HPI
2005 31 OCT	£370,000	£283,544	30% above HPI

28A 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 three 28A HOME RULE ROAD sales between October 2005 and December 2018 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 August 2016 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the December 2018 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is 28A HOME RULE ROAD?

28A HOME RULE ROAD is 224m² according to the EPC inspection conducted in March 2016. This puts it in the largest 10% 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 28A HOME RULE ROAD lies on this distribution: 98% of detached houses are smaller than 28A HOME RULE ROAD, and 2% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

28A HOME RULE ROAD: Plot and Title Map

28A HOME RULE ROAD sits on a plot of roughly 0.122 of an acre, or 493m². The below map shows the location of 28A 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 28A 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 28A HOME RULE ROAD?

28A HOME RULE ROAD is located in LOCKS HEATH, in the SO31 postcode district. The below map shows the position of No. 28A on HOME RULE ROAD.