4, BEACON WAY, PARK GATE, SOUTHAMPTON, SO31 7GL - £224,950

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

4 BEACON WAY is a small extended detached house of 108m², built sometime between 1967 and 1975. It was last sold for £224,950 in September 2009, which was around 23% below the average September 2009 detached price in the Fareham local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was D.

4 BEACON WAY Sold Prices

Land registry data shows two sales for 4 BEACON WAY 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 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
2009 11 SEP	£224,950	£290,920	23% below HPI
1995 16 JUN	£68,000	£100,367	32% below HPI

4 BEACON 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 two 4 BEACON WAY sales from June 1995 and September 2009 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 1995 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the September 2009 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 4 BEACON WAY?

4 BEACON WAY is 108m², which includes one extension, according to the EPC inspection conducted in July 2009. This puts it in the smallest 40% of detached houses in Park Gate, based on EPC data. The below chart shows the distribution of detached houses by size in Park Gate, and where 4 BEACON WAY lies on this distribution: 37% of detached houses are smaller than 4 BEACON WAY, and 63% of houses are larger. Note that EPC data is not available for all properties in Park Gate.

4 BEACON WAY: Plot and Title Map

4 BEACON WAY sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 4 BEACON 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 4 BEACON 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 4 BEACON WAY?

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