6, OAKWOOD CLOSE, WARSASH, SOUTHAMPTON, SO31 9PW - £250,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

6 OAKWOOD CLOSE is a very small detached house of 86m², built sometime between 1976 and 1982, which could now be worth an estimated £427,875. It was last sold for £250,000 in May 2007, which was around 22% below the average May 2007 detached price in the Fareham local authority area. The most recent EPC inspection was September 2020, where the current energy rating was B, and the potential energy rating was B.

6 OAKWOOD CLOSE Sold Prices

Land registry data shows four sales for 6 OAKWOOD 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 6 OAKWOOD 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
2007 30 MAY	£250,000	£319,901	22% below HPI
2004 10 SEP	£208,000	£290,152	28% below HPI
1997 19 DEC	£90,000	£123,876	27% below HPI
1997 30 MAY	£76,000	£113,940	33% below HPI

6 OAKWOOD 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 6 OAKWOOD CLOSE sales between May 1997 and May 2007 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 2004 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the May 2007 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 6 OAKWOOD CLOSE be worth now?

6 OAKWOOD CLOSE might now be worth an estimated £427,875.

This is based on house price inflation of 71.2%, between May 2007 and December 2024, 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 71.2% inflationary increase is applied to the most recent sale price for 6 OAKWOOD CLOSE of £250,000 on 30th May 2007. For the value to have increased from £250,000 to £427,875 over the sixteen years and five months to December 2024, the following assumptions must hold true:

• The value of 6 OAKWOOD CLOSE has moved in line with the HPI for detached houses in the Fareham local authority area.
• The May 2007 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 6 OAKWOOD CLOSE has not materially changed since May 2007.

How Large is 6 OAKWOOD CLOSE?

6 OAKWOOD CLOSE is 86m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 20% of detached houses houses in Warsash, based on EPC data. The below chart shows the distribution of detached houses houses by size in Warsash, and where 6 OAKWOOD CLOSE lies on this distribution: 16% of detached houses houses are smaller than 6 OAKWOOD CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Warsash.

6 OAKWOOD CLOSE: Plot and Title Map

6 OAKWOOD CLOSE sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 6 OAKWOOD 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 6 OAKWOOD 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 6 OAKWOOD CLOSE?

6 OAKWOOD CLOSE is located in WARSASH, in the SO31 postcode district. The below map shows the position of No. 6 on OAKWOOD CLOSE.