38, SOUTHAMPTON ROAD, PARK GATE, SOUTHAMPTON, SO31 6AF - £435,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

38 SOUTHAMPTON ROAD is a midsized extended detached house of 122m², built sometime between 1930 and 1949, which could now be worth an estimated £516,479. It was last sold for £435,000 in March 2019, which was around 6% below the average March 2019 detached price in the Fareham local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was B.

38 SOUTHAMPTON ROAD Sold Prices

Land registry data shows two sales for 38 SOUTHAMPTON ROAD 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 38 SOUTHAMPTON ROAD 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
2019 29 MAR	£435,000	£465,075	6% below HPI
2006 8 SEP	£217,500	£298,512	27% below HPI

38 SOUTHAMPTON ROAD 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 38 SOUTHAMPTON ROAD sales from September 2006 and March 2019 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 September 2006 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the March 2019 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 38 SOUTHAMPTON ROAD be worth now?

38 SOUTHAMPTON ROAD might now be worth an estimated £516,479.

This is based on house price inflation of 18.7%, between March 2019 and February 2025, 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 18.7% inflationary increase is applied to the most recent sale price for 38 SOUTHAMPTON ROAD of £435,000 on 29th March 2019. For the value to have increased from £435,000 to £516,479 over the six years and one month to February 2025, the following assumptions must hold true:

• The value of 38 SOUTHAMPTON ROAD has moved in line with the HPI for detached houses in the Fareham local authority area.
• The March 2019 sale price of £435,000 represented a fair market value for the property.
• The size, condition, and specification of 38 SOUTHAMPTON ROAD has not materially changed since March 2019.

How Large is 38 SOUTHAMPTON ROAD?

38 SOUTHAMPTON ROAD is 122m², which includes two extensions, according to the EPC inspection conducted in May 2018. This puts it in the largest 50% of detached houses houses in Locks Heath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Locks Heath, and where 38 SOUTHAMPTON ROAD lies on this distribution: 58% of detached houses houses are smaller than 38 SOUTHAMPTON ROAD, and 41% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

38 SOUTHAMPTON ROAD: Plot and Title Map

38 SOUTHAMPTON ROAD sits on a plot of roughly 0.137 of an acre, or 556m². The below map shows the location of 38 SOUTHAMPTON ROAD, 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 38 SOUTHAMPTON ROAD). 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 38 SOUTHAMPTON ROAD?

38 SOUTHAMPTON ROAD is located in PARK GATE, in the SO31 postcode district. The below map shows the position of No. 38 on SOUTHAMPTON ROAD.