5, GRENADIER CLOSE, LOCKS HEATH, SOUTHAMPTON, SO31 6UE - £450,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

5 GRENADIER CLOSE is a small extended detached house of 93m², built sometime between 1983 and 1990. It was last sold for £450,000 in January 2024, which was around 17% below the average January 2024 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 GRENADIER CLOSE Sold Prices

Land registry data shows four sales for 5 GRENADIER CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. All of the four 5 GRENADIER CLOSE 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
2024 17 JAN	£450,000	£542,512	17% below HPI
2011 21 JAN	£223,000	£313,741	29% below HPI
2004 30 JAN	£196,000	£264,742	26% below HPI
1995 29 SEP	£75,500	£101,524	26% below HPI

5 GRENADIER 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 four 5 GRENADIER CLOSE sales between September 1995 and January 2024 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 January 2011 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the January 2024 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 5 GRENADIER CLOSE?

5 GRENADIER CLOSE is 93m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the smallest 30% 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 GRENADIER CLOSE lies on this distribution: 25% of detached houses are smaller than 5 GRENADIER CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

5 GRENADIER CLOSE: Plot and Title Map

5 GRENADIER CLOSE sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 5 GRENADIER 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 GRENADIER 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 GRENADIER CLOSE?

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