40, JAMES GRIEVE AVENUE, LOCKS HEATH, SOUTHAMPTON, SO31 6UD - £365,000

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

40 JAMES GRIEVE AVENUE is a large detached house of 128m², built sometime between 1983 and 1990, which could now be worth an estimated £523,452. It was last sold for £365,000 in August 2015, which was around 4% below the average August 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 C.

40 JAMES GRIEVE AVENUE Sold Prices

Land registry data shows two sales for 40 JAMES GRIEVE AVENUE 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 40 JAMES GRIEVE AVENUE 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 7 AUG	£365,000	£381,776	4% below HPI
1995 11 AUG	£83,500	£103,665	19% below HPI

40 JAMES GRIEVE AVENUE 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 40 JAMES GRIEVE AVENUE sales from August 1995 and August 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 August 1995 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2015 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 40 JAMES GRIEVE AVENUE be worth now?

40 JAMES GRIEVE AVENUE might now be worth an estimated £523,452.

This is based on house price inflation of 43.4%, between August 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 43.4% inflationary increase is applied to the most recent sale price for 40 JAMES GRIEVE AVENUE of £365,000 on 7th August 2015. For the value to have increased from £365,000 to £523,452 over the eight years and eight months to December 2024, the following assumptions must hold true:

• The value of 40 JAMES GRIEVE AVENUE has moved in line with the HPI for detached houses in the Fareham local authority area.
• The August 2015 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 40 JAMES GRIEVE AVENUE has not materially changed since August 2015.

How Large is 40 JAMES GRIEVE AVENUE?

40 JAMES GRIEVE AVENUE is 128m² according to the EPC inspection conducted in January 2010. This puts it in the largest 40% 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 40 JAMES GRIEVE AVENUE lies on this distribution: 66% of detached houses houses are smaller than 40 JAMES GRIEVE AVENUE, and 34% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

40 JAMES GRIEVE AVENUE: Plot and Title Map

40 JAMES GRIEVE AVENUE sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 40 JAMES GRIEVE AVENUE, 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 40 JAMES GRIEVE AVENUE). 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 40 JAMES GRIEVE AVENUE?

40 JAMES GRIEVE AVENUE is located in LOCKS HEATH, in the SO31 postcode district. The below map shows the position of No. 40 on JAMES GRIEVE AVENUE.