4, GRENADIER CLOSE, LOCKS HEATH, SOUTHAMPTON, SO31 6UE - £305,000

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 GRENADIER CLOSE is a small detached house of 92m², built sometime between 1983 and 1990, which could now be worth an estimated £417,921. It was last sold for £305,000 in December 2015, which was around 24% below the average December 2015 detached price in the Fareham local authority area. The most recent EPC inspection was January 2010, where the current energy rating was D, and the potential energy rating was D.

4 GRENADIER CLOSE Sold Prices

Land registry data shows three sales for 4 GRENADIER CLOSE 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 4 GRENADIER 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
2015 15 DEC	£305,000	£399,575	24% below HPI
2010 5 MAY	£247,000	£310,532	20% below HPI
1995 30 NOV	£78,500	£104,463	25% below HPI

4 GRENADIER 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 three 4 GRENADIER CLOSE sales between November 1995 and December 2015 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 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the December 2015 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 4 GRENADIER CLOSE be worth now?

4 GRENADIER CLOSE might now be worth an estimated £417,921.

This is based on house price inflation of 37%, between December 2015 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 37% inflationary increase is applied to the most recent sale price for 4 GRENADIER CLOSE of £305,000 on 15th December 2015. For the value to have increased from £305,000 to £417,921 over the nine years to December 2024, the following assumptions must hold true:

• The value of 4 GRENADIER CLOSE has moved in line with the HPI for detached houses in the Fareham local authority area.
• The December 2015 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 4 GRENADIER CLOSE has not materially changed since December 2015.

How Large is 4 GRENADIER CLOSE?

4 GRENADIER CLOSE is 92m² according to the EPC inspection conducted in January 2010. This puts it in the smallest 30% 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 4 GRENADIER CLOSE lies on this distribution: 25% of detached houses houses are smaller than 4 GRENADIER CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

4 GRENADIER CLOSE: Plot and Title Map

4 GRENADIER CLOSE sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 4 GRENADIER 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 GRENADIER 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 GRENADIER CLOSE?

4 GRENADIER CLOSE is located in LOCKS HEATH, in the SO31 postcode district. The below map shows the position of No. 4 on GRENADIER CLOSE.