37, CARDINAL WAY, LOCKS HEATH, SOUTHAMPTON, SO31 6RT - £290,000

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

37 CARDINAL WAY is a large extended detached house of 154m², built sometime between 1976 and 1982, which could now be worth an estimated £499,000. It was last sold for £290,000 in March 2012, which was around 9% below the average March 2012 detached price in the Fareham local authority area. The most recent EPC inspection was August 2009, where the current energy rating was D, and the potential energy rating was C.

37 CARDINAL WAY Sold Prices

Land registry data shows three sales for 37 CARDINAL WAY 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 37 CARDINAL WAY 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
2012 23 MAR	£290,000	£318,193	9% below HPI
2010 19 MAY	£306,000	£310,532	1% below HPI
2006 26 MAY	£250,000	£291,878	14% below HPI

37 CARDINAL WAY 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 37 CARDINAL WAY sales between May 2006 and March 2012 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 May 2010 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the March 2012 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 37 CARDINAL WAY be worth now?

37 CARDINAL WAY might now be worth an estimated £499,000.

This is based on house price inflation of 72.1%, between March 2012 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 72.1% inflationary increase is applied to the most recent sale price for 37 CARDINAL WAY of £290,000 on 23rd March 2012. For the value to have increased from £290,000 to £499,000 over the eleven years and three months to December 2024, the following assumptions must hold true:

• The value of 37 CARDINAL WAY has moved in line with the HPI for detached houses in the Fareham local authority area.
• The March 2012 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 37 CARDINAL WAY has not materially changed since March 2012.

How Large is 37 CARDINAL WAY?

37 CARDINAL WAY is 154m², which includes one extension, according to the EPC inspection conducted in August 2009. This puts it in the largest 30% of detached houses houses in Titchfield Common, based on EPC data. The below chart shows the distribution of detached houses houses by size in Titchfield Common, and where 37 CARDINAL WAY lies on this distribution: 80% of detached houses houses are smaller than 37 CARDINAL WAY, and 20% of houses are larger. Note that EPC data is not available for all properties in Titchfield Common.

37 CARDINAL WAY: Plot and Title Map

37 CARDINAL WAY sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 37 CARDINAL WAY, 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 37 CARDINAL WAY). 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 37 CARDINAL WAY?

37 CARDINAL WAY is located in LOCKS HEATH, in the SO31 postcode district. The below map shows the position of No. 37 on CARDINAL WAY.