32, OAKWOOD CLOSE, WARSASH, SOUTHAMPTON, SO31 9PW - £540,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

32 OAKWOOD CLOSE is a midsized extended detached house of 120m², built sometime between 1983 and 1990. It was last sold for £540,000 in June 2023, which was around 4% below the average June 2023 detached price in the Fareham local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

32 OAKWOOD CLOSE Sold Prices

Land registry data shows two sales for 32 OAKWOOD 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 OAKWOOD 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
2023 23 JUN	£540,000	£565,108	4% below HPI
2017 7 JUN	£330,000	£442,589	25% below HPI

32 OAKWOOD 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 OAKWOOD CLOSE sales from June 2017 and June 2023 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 June 2017 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the June 2023 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 32 OAKWOOD CLOSE be worth now?

32 OAKWOOD CLOSE might now be worth an estimated £523,185.

This is based on house price deflation of 3.1%, between June 2023 and December 2024, for detached houses, in the Fareham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.1% deflationary decrease is applied to the most recent sale price for 32 OAKWOOD CLOSE of £540,000 on 23rd June 2023. For the value to have decreased from £540,000 to £523,185 over the six months to December 2024, the following assumptions must hold true:

• The value of 32 OAKWOOD CLOSE has moved in line with the HPI for detached houses in the Fareham local authority area.
• The June 2023 sale price of £540,000 represented a fair market value for the property.
• The size, condition, and specification of 32 OAKWOOD CLOSE has not materially changed since June 2023.

How Large is 32 OAKWOOD CLOSE?

32 OAKWOOD CLOSE is 120m², which includes two extensions, according to the EPC inspection conducted in May 2022. This puts it in the largest 50% of detached houses houses in Warsash, based on EPC data. The below chart shows the distribution of detached houses houses by size in Warsash, and where 32 OAKWOOD CLOSE lies on this distribution: 50% of detached houses houses are smaller than 32 OAKWOOD CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Warsash.

32 OAKWOOD CLOSE: Plot and Title Map

32 OAKWOOD CLOSE sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 32 OAKWOOD 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 OAKWOOD 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 OAKWOOD CLOSE?

32 OAKWOOD CLOSE is located in WARSASH, in the SO31 postcode district. The below map shows the position of No. 32 on OAKWOOD CLOSE.