32, DOWNLAND CLOSE, LOCKS HEATH, SOUTHAMPTON, SO31 6WB - £456,000

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

32 DOWNLAND CLOSE is a midsized detached house of 112m², built sometime between 1991 and 1995. It was last sold for £456,000 in September 2022, which was around 20% below the average September 2022 detached price in the Fareham local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

32 DOWNLAND CLOSE Sold Prices

Land registry data shows two sales for 32 DOWNLAND 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. Both of the two 32 DOWNLAND CLOSE 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
2022 9 SEP	£456,000	£569,588	20% below HPI
2002 17 OCT	£215,000	£244,617	12% below HPI

32 DOWNLAND 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 32 DOWNLAND CLOSE sales from October 2002 and September 2022 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 2002 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the September 2022 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 32 DOWNLAND CLOSE?

32 DOWNLAND CLOSE is 112m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 50% 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 32 DOWNLAND CLOSE lies on this distribution: 45% of detached houses are smaller than 32 DOWNLAND CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

32 DOWNLAND CLOSE: Plot and Title Map

32 DOWNLAND CLOSE sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 32 DOWNLAND 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 32 DOWNLAND 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 32 DOWNLAND CLOSE?

32 DOWNLAND CLOSE is located in LOCKS HEATH, in the SO31 postcode district. The below map shows the position of No. 32 on DOWNLAND CLOSE.