45, LAUREL GARDENS, LOCKS HEATH, SOUTHAMPTON, SO31 6QH - £365,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

45 LAUREL GARDENS is a small extended detached house of 91m², built sometime between 1983 and 1990, which could now be worth an estimated £411,793. It was last sold for £365,000 in January 2021, which was around 25% below the average January 2021 detached price in the Fareham local authority area. The most recent EPC inspection was January 2018, where the current energy rating was C, and the potential energy rating was B.

45 LAUREL GARDENS Sold Prices

Land registry data shows two sales for 45 LAUREL GARDENS 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 45 LAUREL GARDENS 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
2021 29 JAN	£365,000	£489,441	25% below HPI
2007 16 NOV	£265,000	£330,397	20% below HPI

45 LAUREL GARDENS 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 45 LAUREL GARDENS sales from November 2007 and January 2021 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 2007 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the January 2021 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 45 LAUREL GARDENS be worth now?

45 LAUREL GARDENS might now be worth an estimated £411,793.

This is based on house price inflation of 12.8%, between January 2021 and February 2025, 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 12.8% inflationary increase is applied to the most recent sale price for 45 LAUREL GARDENS of £365,000 on 29th January 2021. For the value to have increased from £365,000 to £411,793 over the three years and eleven months to February 2025, the following assumptions must hold true:

• The value of 45 LAUREL GARDENS has moved in line with the HPI for detached houses in the Fareham local authority area.
• The January 2021 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 45 LAUREL GARDENS has not materially changed since January 2021.

How Large is 45 LAUREL GARDENS?

45 LAUREL GARDENS is 91m², which includes one extension, according to the EPC inspection conducted in January 2018. 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 45 LAUREL GARDENS lies on this distribution: 22% of detached houses houses are smaller than 45 LAUREL GARDENS, and 77% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

45 LAUREL GARDENS: Plot and Title Map

45 LAUREL GARDENS sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 45 LAUREL GARDENS, 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 45 LAUREL GARDENS). 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 45 LAUREL GARDENS?

45 LAUREL GARDENS is located in LOCKS HEATH, in the SO31 postcode district. The below map shows the position of No. 45 on LAUREL GARDENS.