5, FIELD CLOSE, LOCKS HEATH, SOUTHAMPTON, SO31 6TX - £525,000

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

5 FIELD CLOSE is a midsized detached house of 111m², built sometime between 1983 and 1990. It was last sold for £525,000 in November 2021, which was around 1% below the average November 2021 detached price in the Fareham local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

5 FIELD CLOSE Sold Prices

Land registry data shows two sales for 5 FIELD CLOSE 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. One of the two 5 FIELD CLOSE sales was for below the average price, whilst the other was for above 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 23 NOV	£525,000	£531,609	1% below HPI
2000 30 JUN	£168,500	£164,594	2% above HPI

5 FIELD CLOSE 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 5 FIELD CLOSE sales from June 2000 and November 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 June 2000 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the November 2021 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 5 FIELD CLOSE?

5 FIELD CLOSE is 111m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 50% 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 5 FIELD CLOSE lies on this distribution: 44% of detached houses are smaller than 5 FIELD CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

5 FIELD CLOSE: Plot and Title Map

5 FIELD CLOSE sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of 5 FIELD CLOSE, 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 5 FIELD CLOSE). 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 5 FIELD CLOSE?

5 FIELD CLOSE is located in LOCKS HEATH, in the SO31 postcode district. The below map shows the position of No. 5 on FIELD CLOSE.