32, MONTEREY DRIVE, LOCKS HEATH, SOUTHAMPTON, SO31 6NW - £504,000

32 MONTEREY DRIVE is a midsized extended detached house of 120m², built sometime between 1996 and 2002. It was last sold for £504,000 in October 2021, which was around 5% below the average October 2021 detached price in the Fareham local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was C.

32 MONTEREY DRIVE Sold Prices

Land registry data shows two sales for 32 MONTEREY DRIVE 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 32 MONTEREY DRIVE 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
2021 21 OCT	£504,000	£528,718	5% below HPI
1998 30 APR	£149,950	£127,982	17% above HPI

32 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 two 32 MONTEREY DRIVE sales from April 1998 and October 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 April 1998 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the October 2021 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 32 MONTEREY DRIVE?

32 MONTEREY DRIVE is 120m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the largest 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 MONTEREY DRIVE lies on this distribution: 57% of detached houses are smaller than 32 MONTEREY DRIVE, and 43% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

32 MONTEREY DRIVE: Plot and Title Map

32 MONTEREY DRIVE sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 32 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 32 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 32 MONTEREY DRIVE?

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