3, MARKEN CLOSE, LOCKS HEATH, SOUTHAMPTON, SO31 6GG - £130,500

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

3 MARKEN CLOSE is a small extended detached house of 108m², built sometime between 1996 and 2002. It was last sold for £130,500 in March 1999, which was around 2% below the average March 1999 detached price in the Fareham local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

3 MARKEN CLOSE Sold Prices

Land registry data shows two sales for 3 MARKEN CLOSE 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. One of the two 3 MARKEN CLOSE sales was for below the average price, whilst the other was 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
1999 26 MAR	£130,500	£133,621	2% below HPI
1996 25 MAR	£105,000	£101,305	4% above HPI

3 MARKEN 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 two 3 MARKEN CLOSE sales from March 1996 and March 1999 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 March 1996 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the March 1999 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 3 MARKEN CLOSE?

3 MARKEN CLOSE is 108m², which includes one extension, according to the EPC inspection conducted in May 2024. This puts it in the smallest 40% of detached houses in Warsash, based on EPC data. The below chart shows the distribution of detached houses by size in Warsash, and where 3 MARKEN CLOSE lies on this distribution: 38% of detached houses are smaller than 3 MARKEN CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Warsash.

3 MARKEN CLOSE: Plot and Title Map

3 MARKEN CLOSE sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 3 MARKEN 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 3 MARKEN 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 3 MARKEN CLOSE?

3 MARKEN CLOSE is located in LOCKS HEATH, in the SO31 postcode district. The below map shows the position of No. 3 on MARKEN CLOSE.