4, BEACON CLOSE, PARK GATE, SOUTHAMPTON, SO31 7GP - £400,000

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

4 BEACON CLOSE is a midsized extended detached house of 123m², built sometime between 1967 and 1975, which could now be worth an estimated £392,514. It was last sold for £400,000 in June 2022, which was around 28% below the average June 2022 detached price in the Fareham local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was C.

4 BEACON CLOSE Sold Prices

Land registry data shows two sales for 4 BEACON 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 4 BEACON 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 10 JUN	£400,000	£557,953	28% below HPI
1999 24 NOV	£127,500	£146,441	13% below HPI

4 BEACON 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 4 BEACON CLOSE sales from November 1999 and June 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 November 1999 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the June 2022 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 4 BEACON CLOSE be worth now?

4 BEACON CLOSE might now be worth an estimated £392,514.

This is based on house price deflation of 1.9%, between June 2022 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 1.9% deflationary decrease is applied to the most recent sale price for 4 BEACON CLOSE of £400,000 on 10th June 2022. For the value to have decreased from £400,000 to £392,514 over the one year and six months to December 2024, the following assumptions must hold true:

• The value of 4 BEACON CLOSE has moved in line with the HPI for detached houses in the Fareham local authority area.
• The June 2022 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 4 BEACON CLOSE has not materially changed since June 2022.

How Large is 4 BEACON CLOSE?

4 BEACON CLOSE is 123m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the largest 50% of detached houses houses in Park Gate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Park Gate, and where 4 BEACON CLOSE lies on this distribution: 53% of detached houses houses are smaller than 4 BEACON CLOSE, and 46% of houses are larger. Note that EPC data is not available for all properties in Park Gate.

4 BEACON CLOSE: Plot and Title Map

4 BEACON CLOSE sits on a plot of roughly 0.107 of an acre, or 435m². The below map shows the location of 4 BEACON 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 4 BEACON 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 4 BEACON CLOSE?

4 BEACON CLOSE is located in PARK GATE, in the SO31 postcode district. The below map shows the position of No. 4 on BEACON CLOSE.