7, LAMBOURNE DRIVE, LOCKS HEATH, SOUTHAMPTON, SO31 6UA - £390,000

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 LAMBOURNE DRIVE is a very small extended detached house of 82m², built sometime between 1983 and 1990. It was last sold for £390,000 in November 2023, which was around 29% below the average November 2023 detached price in the Fareham local authority area. The most recent EPC inspection was August 2024, where the current energy rating was C, and the potential energy rating was B.

7 LAMBOURNE DRIVE Sold Prices

Land registry data shows five sales for 7 LAMBOURNE DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. All of the five 7 LAMBOURNE DRIVE 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
2023 7 NOV	£390,000	£546,687	29% below HPI
2011 14 JAN	£249,950	£313,741	20% below HPI
2007 12 JAN	£247,000	£310,045	20% below HPI
2001 9 MAY	£144,500	£180,867	20% below HPI
1998 12 JAN	£97,500	£123,225	21% below HPI

7 LAMBOURNE DRIVE 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 five 7 LAMBOURNE DRIVE sales between January 1998 and November 2023 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 2011 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the November 2023 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 7 LAMBOURNE DRIVE?

7 LAMBOURNE DRIVE is 82m², which includes one extension, according to the EPC inspection conducted in August 2024. This puts it in the smallest 20% 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 LAMBOURNE DRIVE lies on this distribution: 11% of detached houses are smaller than 7 LAMBOURNE DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

7 LAMBOURNE DRIVE: Plot and Title Map

7 LAMBOURNE DRIVE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 7 LAMBOURNE DRIVE, 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 LAMBOURNE DRIVE). 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 LAMBOURNE DRIVE?

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