7, OLEANDER CLOSE, LOCKS HEATH, SOUTHAMPTON, SO31 6WG - £310,000

7 OLEANDER CLOSE is a small detached house of 91m², built sometime between 1996 and 2002. It was last sold for £310,000 in February 2016, which was around 24% below the average February 2016 detached price in the Fareham local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

7 OLEANDER CLOSE Sold Prices

Land registry data shows four sales for 7 OLEANDER 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 7 OLEANDER 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
2016 12 FEB	£310,000	£406,995	24% below HPI
2005 30 JUN	£223,000	£279,886	20% below HPI
2005 4 MAR	£225,000	£280,104	20% below HPI
1999 30 JUL	£107,000	£137,703	22% below HPI

7 OLEANDER 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 7 OLEANDER CLOSE sales between July 1999 and February 2016 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 2005 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the February 2016 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 7 OLEANDER CLOSE?

7 OLEANDER CLOSE is 91m² according to the EPC inspection conducted in July 2015. 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 OLEANDER CLOSE lies on this distribution: 23% of detached houses are smaller than 7 OLEANDER CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

7 OLEANDER CLOSE: Plot and Title Map

7 OLEANDER CLOSE sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 7 OLEANDER 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 OLEANDER 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 OLEANDER CLOSE?

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