5, HOOD CLOSE, LOCKS HEATH, SOUTHAMPTON, SO31 6ST - £375,000

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.

5 HOOD CLOSE is a small extended detached house of 103m², built sometime between 1983 and 1990, which could now be worth an estimated £443,080. It was last sold for £375,000 in August 2018, which was around 20% below the average August 2018 detached price in the Fareham local authority area. The most recent EPC inspection was June 2018, where the current energy rating was C, and the potential energy rating was B.

5 HOOD CLOSE Sold Prices

Land registry data shows four sales for 5 HOOD 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 HOOD 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
2018 31 AUG	£375,000	£467,343	20% below HPI
2015 23 JAN	£285,000	£372,126	23% below HPI
2005 28 JUN	£238,000	£282,492	16% below HPI
2003 7 FEB	£205,000	£261,489	22% below HPI

5 HOOD 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 HOOD CLOSE sales between February 2003 and August 2018 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 2015 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2018 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 5 HOOD CLOSE be worth now?

5 HOOD CLOSE might now be worth an estimated £443,080.

This is based on house price inflation of 18.2%, between August 2018 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 18.2% inflationary increase is applied to the most recent sale price for 5 HOOD CLOSE of £375,000 on 31st August 2018. For the value to have increased from £375,000 to £443,080 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 5 HOOD CLOSE has moved in line with the HPI for detached houses in the Fareham local authority area.
• The August 2018 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 5 HOOD CLOSE has not materially changed since August 2018.

How Large is 5 HOOD CLOSE?

5 HOOD CLOSE is 103m², which includes one extension, according to the EPC inspection conducted in June 2018. This puts it in the smallest 40% 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 5 HOOD CLOSE lies on this distribution: 35% of detached houses houses are smaller than 5 HOOD CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

5 HOOD CLOSE: Plot and Title Map

5 HOOD CLOSE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 5 HOOD 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 HOOD 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 HOOD CLOSE?

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