56, HOME RULE ROAD, LOCKS HEATH, SOUTHAMPTON, SO31 6LG - £370,000

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

56 HOME RULE ROAD is a small detached house of 106m², built sometime between 1976 and 1982. It was last sold for £370,000 in April 2017, which was around 14% below the average April 2017 detached price in the Fareham local authority area. The most recent EPC inspection was May 2009, where the current energy rating was E, and the potential energy rating was C.

56 HOME RULE ROAD Sold Prices

Land registry data shows three sales for 56 HOME RULE ROAD 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. All of the three 56 HOME RULE ROAD 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
2017 21 APR	£370,000	£429,844	14% below HPI
2006 13 JAN	£249,000	£285,803	13% below HPI
1997 13 NOV	£106,000	£123,623	14% below HPI

56 HOME RULE ROAD 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 56 HOME RULE ROAD sales between November 1997 and April 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 January 2006 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the April 2017 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 56 HOME RULE ROAD?

56 HOME RULE ROAD is 106m² according to the EPC inspection conducted in May 2009. This puts it in the smallest 40% 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 56 HOME RULE ROAD lies on this distribution: 39% of detached houses are smaller than 56 HOME RULE ROAD, and 61% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

56 HOME RULE ROAD: Plot and Title Map

56 HOME RULE ROAD sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 56 HOME RULE 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 56 HOME RULE 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 56 HOME RULE ROAD?

56 HOME RULE ROAD is located in LOCKS HEATH, in the SO31 postcode district. The below map shows the position of No. 56 on HOME RULE ROAD.