7, DOWNLAND CLOSE, LOCKS HEATH, SOUTHAMPTON, SO31 6WB - £385,000

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

7 DOWNLAND CLOSE is a small detached house of 92m², built sometime between 1983 and 1990. It was last sold for £385,000 in December 2020, which was around 20% below the average December 2020 detached price in the Fareham local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

7 DOWNLAND CLOSE Sold Prices

Land registry data shows two sales for 7 DOWNLAND CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. Both of the two 7 DOWNLAND 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
2020 7 DEC	£385,000	£481,195	20% below HPI
2006 20 DEC	£240,000	£307,869	22% below HPI

7 DOWNLAND 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 two 7 DOWNLAND CLOSE sales from December 2006 and December 2020 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 December 2006 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the December 2020 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 7 DOWNLAND CLOSE?

7 DOWNLAND CLOSE is 92m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 30% 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 7 DOWNLAND CLOSE lies on this distribution: 24% of detached houses are smaller than 7 DOWNLAND CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

7 DOWNLAND CLOSE: Plot and Title Map

7 DOWNLAND CLOSE sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 7 DOWNLAND 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 7 DOWNLAND 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 7 DOWNLAND CLOSE?

7 DOWNLAND CLOSE is located in LOCKS HEATH, in the SO31 postcode district. The below map shows the position of No. 7 on DOWNLAND CLOSE.