48, MEADOW AVENUE, LOCKS HEATH, SOUTHAMPTON, SO31 6UW - £545,000

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

48 MEADOW AVENUE is a large extended detached house of 124m², built sometime between 1983 and 1990. It was last sold for £545,000 in November 2022, which was around 4% below the average November 2022 detached price in the Fareham local authority area. The most recent EPC inspection was November 2018, where the current energy rating was C, and the potential energy rating was B.

48 MEADOW AVENUE Sold Prices

Land registry data shows two sales for 48 MEADOW 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 48 MEADOW 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
2022 8 NOV	£545,000	£567,450	4% below HPI
1995 8 SEP	£91,000	£101,524	10% below HPI

48 MEADOW 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 48 MEADOW AVENUE sales from September 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 September 1995 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the November 2022 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 48 MEADOW AVENUE?

48 MEADOW AVENUE is 124m², which includes one extension, according to the EPC inspection conducted in November 2018. This puts it in the largest 40% 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 48 MEADOW AVENUE lies on this distribution: 60% of detached houses are smaller than 48 MEADOW AVENUE, and 39% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

48 MEADOW AVENUE: Plot and Title Map

48 MEADOW AVENUE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 48 MEADOW 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 48 MEADOW 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 48 MEADOW AVENUE?

48 MEADOW AVENUE is located in LOCKS HEATH, in the SO31 postcode district. The below map shows the position of No. 48 on MEADOW AVENUE.