62, BEACON WAY, PARK GATE, SOUTHAMPTON, SO31 7GL - £175,000

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.

62 BEACON WAY is a very small extended semi-detached house of 87m², built sometime between 1967 and 1975, which could now be worth an estimated £314,169. It was last sold for £175,000 in September 2008, which was around 9% below the average September 2008 semi-detached price in the Fareham local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.

62 BEACON WAY Sold Prices

Land registry data shows three sales for 62 BEACON WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Fareham local authority area for the corresponding sale date. One of the three 62 BEACON WAY sales was for below the average price, whilst two 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
2008 23 SEP	£175,000	£191,306	9% below HPI
2002 2 AUG	£138,000	£134,383	3% above HPI
1996 6 DEC	£69,500	£63,952	9% above HPI

62 BEACON WAY 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 three 62 BEACON WAY sales between December 1996 and September 2008 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 August 2002 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the September 2008 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 62 BEACON WAY be worth now?

62 BEACON WAY might now be worth an estimated £314,169.

This is based on house price inflation of 79.5%, between September 2008 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 79.5% inflationary increase is applied to the most recent sale price for 62 BEACON WAY of £175,000 on 23rd September 2008. For the value to have increased from £175,000 to £314,169 over the seventeen years and seven months to February 2025, the following assumptions must hold true:

• The value of 62 BEACON WAY has moved in line with the HPI for semi-detached houses in the Fareham local authority area.
• The September 2008 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 62 BEACON WAY has not materially changed since September 2008.

How Large is 62 BEACON WAY?

62 BEACON WAY is 87m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the smallest 20% of semi-detached houses houses in Park Gate, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Park Gate, and where 62 BEACON WAY lies on this distribution: 18% of semi-detached houses houses are smaller than 62 BEACON WAY, and 81% of houses are larger. Note that EPC data is not available for all properties in Park Gate.

62 BEACON WAY: Plot and Title Map

62 BEACON WAY sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 62 BEACON WAY, 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 62 BEACON WAY). 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 62 BEACON WAY?

62 BEACON WAY is located in PARK GATE, in the SO31 postcode district. The below map shows the position of No. 62 on BEACON WAY.