41, BRIDGE ROAD, PARK GATE, SOUTHAMPTON, SO31 7GD - £340,000

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

41 BRIDGE ROAD is a small detached house of 106m², built sometime between 1900 and 1929, which could now be worth an estimated £325,027. It was last sold for £340,000 in November 2022, which was around 41% below the average November 2022 detached price in the Fareham local authority area. The most recent EPC inspection was November 2020, where the current energy rating was E, and the potential energy rating was C.

41 BRIDGE ROAD Sold Prices

Land registry data shows two sales for 41 BRIDGE ROAD 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 41 BRIDGE 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
2022 25 NOV	£340,000	£572,733	41% below HPI
1995 3 NOV	£57,000	£104,463	45% below HPI

41 BRIDGE 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 two 41 BRIDGE ROAD sales from November 1995 and November 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 1995 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the November 2022 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 41 BRIDGE ROAD be worth now?

41 BRIDGE ROAD might now be worth an estimated £325,027.

This is based on house price deflation of 4.4%, between November 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 4.4% deflationary decrease is applied to the most recent sale price for 41 BRIDGE ROAD of £340,000 on 25th November 2022. For the value to have decreased from £340,000 to £325,027 over the one year and eleven months to December 2024, the following assumptions must hold true:

• The value of 41 BRIDGE ROAD has moved in line with the HPI for detached houses in the Fareham local authority area.
• The November 2022 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 41 BRIDGE ROAD has not materially changed since November 2022.

How Large is 41 BRIDGE ROAD?

41 BRIDGE ROAD is 106m² according to the EPC inspection conducted in November 2020. This puts it in the smallest 40% 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 41 BRIDGE ROAD lies on this distribution: 33% of detached houses houses are smaller than 41 BRIDGE ROAD, and 67% of houses are larger. Note that EPC data is not available for all properties in Park Gate.

41 BRIDGE ROAD: Plot and Title Map

41 BRIDGE ROAD sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 41 BRIDGE 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 41 BRIDGE 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 41 BRIDGE ROAD?

41 BRIDGE ROAD is located in PARK GATE, in the SO31 postcode district. The below map shows the position of No. 41 on BRIDGE ROAD.