4, RALEY ROAD, LOCKS HEATH, SOUTHAMPTON, SO31 6PD - £355,000

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 RALEY ROAD is a very small detached house of 88m², built sometime between 1950 and 1966. It was last sold for £355,000 in November 2017, which was around 21% below the average November 2017 detached price in the Fareham local authority area. The most recent EPC inspection was March 2011, where the current energy rating was E, and the potential energy rating was C.

4 RALEY ROAD Sold Prices

Land registry data shows three sales for 4 RALEY ROAD 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 RALEY 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
2017 30 NOV	£355,000	£450,648	21% below HPI
2012 10 FEB	£235,000	£316,459	26% below HPI
1999 30 NOV	£123,000	£145,090	15% below HPI

4 RALEY 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 three 4 RALEY ROAD sales between November 1999 and November 2017 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 February 2012 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the November 2017 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 4 RALEY ROAD?

4 RALEY ROAD is 88m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 20% of detached houses in Locks Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Locks Heath, and where 4 RALEY ROAD lies on this distribution: 18% of detached houses are smaller than 4 RALEY ROAD, and 82% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

4 RALEY ROAD: Plot and Title Map

4 RALEY ROAD sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 4 RALEY 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 4 RALEY 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 4 RALEY ROAD?

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