7, LAUREL ROAD, LOCKS HEATH, SOUTHAMPTON, SO31 6QG - £418,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

7 LAUREL ROAD is a very small detached house of 61m², built sometime between 1967 and 1975. It was last sold for £418,000 in September 2019, which was around 8% below the average September 2019 detached price in the Fareham local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was D.

7 LAUREL ROAD Sold Prices

Land registry data shows two sales for 7 LAUREL ROAD 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 LAUREL 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
2019 3 SEP	£418,000	£452,917	8% below HPI
2016 28 JUN	£365,000	£411,509	11% below HPI

7 LAUREL 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 two 7 LAUREL ROAD sales from June 2016 and September 2019 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 June 2016 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the September 2019 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 7 LAUREL ROAD?

7 LAUREL ROAD is 61m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 10% 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 LAUREL ROAD lies on this distribution: 2% of detached houses are smaller than 7 LAUREL ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

7 LAUREL ROAD: Plot and Title Map

7 LAUREL ROAD sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 7 LAUREL 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 7 LAUREL 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 7 LAUREL ROAD?

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