55, PETERS ROAD, LOCKS HEATH, SOUTHAMPTON, SO31 6EJ - £346,000

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.

55 PETERS ROAD is a very small semi-detached house of 85m², built sometime between 1950 and 1966, which could now be worth an estimated £456,824. It was last sold for £346,000 in March 2017, which was around 33% above the average March 2017 semi-detached price in the Fareham local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was C.

55 PETERS ROAD Sold Prices

Land registry data shows two sales for 55 PETERS ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Fareham local authority area for the corresponding sale date. Both of the two 55 PETERS ROAD sales were 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
2017 17 MAR	£346,000	£260,124	33% above HPI
2016 29 JUL	£268,000	£254,808	5% above HPI

55 PETERS ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Fareham local authority area over time, sourced from the HPI. The two 55 PETERS ROAD sales from July 2016 and March 2017 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 July 2016 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the March 2017 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might 55 PETERS ROAD be worth now?

55 PETERS ROAD might now be worth an estimated £456,824.

This is based on house price inflation of 32%, between March 2017 and February 2025, for semi-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 32% inflationary increase is applied to the most recent sale price for 55 PETERS ROAD of £346,000 on 17th March 2017. For the value to have increased from £346,000 to £456,824 over the eight years and one month to February 2025, the following assumptions must hold true:

• The value of 55 PETERS ROAD has moved in line with the HPI for semi-detached houses in the Fareham local authority area.
• The March 2017 sale price of £346,000 represented a fair market value for the property.
• The size, condition, and specification of 55 PETERS ROAD has not materially changed since March 2017.

How Large is 55 PETERS ROAD?

55 PETERS ROAD is 85m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 20% of semi-detached houses houses in Locks Heath, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Locks Heath, and where 55 PETERS ROAD lies on this distribution: 15% of semi-detached houses houses are smaller than 55 PETERS ROAD, and 85% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

55 PETERS ROAD: Plot and Title Map

55 PETERS ROAD sits on a plot of roughly 0.173 of an acre, or 700m². The below map shows the location of 55 PETERS ROAD, 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 55 PETERS ROAD). 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 55 PETERS ROAD?

55 PETERS ROAD is located in LOCKS HEATH, in the SO31 postcode district. The below map shows the position of No. 55 on PETERS ROAD.