5, GORSE CLOSE, LOCKS HEATH, SOUTHAMPTON, SO31 6XZ - £365,000

5 GORSE CLOSE is a midsized detached house of 115m², built sometime between 1983 and 1990. It was last sold for £365,000 in September 2014, which was around 1% above the average September 2014 detached price in the Fareham local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was D.

5 GORSE CLOSE Sold Prices

Land registry data shows three sales for 5 GORSE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. One of the three 5 GORSE CLOSE sales was for above the average price, whilst two 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
2014 26 SEP	£365,000	£360,017	1% above HPI
2007 13 SEP	£323,000	£333,193	3% below HPI
2000 20 OCT	£176,000	£185,036	5% below HPI

5 GORSE 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 three 5 GORSE CLOSE sales between October 2000 and September 2014 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 2007 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the September 2014 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 5 GORSE CLOSE?

5 GORSE CLOSE is 115m² according to the EPC inspection conducted in August 2011. 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 GORSE CLOSE lies on this distribution: 49% of detached houses are smaller than 5 GORSE CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

5 GORSE CLOSE: Plot and Title Map

5 GORSE CLOSE sits on a plot of roughly 0.108 of an acre, or 436m². The below map shows the location of 5 GORSE 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 GORSE 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 GORSE CLOSE?

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