7, PARKLANDS, SARISBURY GREEN, SOUTHAMPTON, SO31 7WR - £305,000

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.

7 PARKLANDS is a very small extended detached house of 86m², built sometime between 1976 and 1982, which could now be worth an estimated £396,457. It was last sold for £305,000 in August 2016, which was around 28% below the average August 2016 detached price in the Fareham local authority area. The most recent EPC inspection was May 2016, where the current energy rating was E, and the potential energy rating was B.

7 PARKLANDS Sold Prices

Land registry data shows two sales for 7 PARKLANDS 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 PARKLANDS 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 4 AUG	£305,000	£424,805	28% below HPI
2003 12 JUN	£210,000	£267,005	21% below HPI

7 PARKLANDS 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 PARKLANDS sales from June 2003 and August 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 2003 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the August 2016 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 7 PARKLANDS be worth now?

7 PARKLANDS might now be worth an estimated £396,457.

This is based on house price inflation of 30%, between August 2016 and February 2025, for 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 30% inflationary increase is applied to the most recent sale price for 7 PARKLANDS of £305,000 on 4th August 2016. For the value to have increased from £305,000 to £396,457 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of 7 PARKLANDS has moved in line with the HPI for detached houses in the Fareham local authority area.
• The August 2016 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 7 PARKLANDS has not materially changed since August 2016.

How Large is 7 PARKLANDS?

7 PARKLANDS is 86m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the smallest 20% of detached houses houses in Locks Heath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Locks Heath, and where 7 PARKLANDS lies on this distribution: 16% of detached houses houses are smaller than 7 PARKLANDS, and 84% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

7 PARKLANDS: Plot and Title Map

7 PARKLANDS sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 7 PARKLANDS, 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 PARKLANDS). 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 PARKLANDS?

7 PARKLANDS is located in SARISBURY GREEN, in the SO31 postcode district. The below map shows the position of No. 7 on PARKLANDS.