7, WILLOW HERB CLOSE, LOCKS HEATH, SOUTHAMPTON, SO31 6XB - £285,000

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 WILLOW HERB CLOSE is a very small detached house of 78m², built sometime between 1983 and 1990, which could now be worth an estimated £338,383. It was last sold for £285,000 in March 2019, which was around 39% below the average March 2019 detached price in the Fareham local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

7 WILLOW HERB CLOSE Sold Prices

Land registry data shows two sales for 7 WILLOW HERB 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 WILLOW HERB 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
2019 19 MAR	£285,000	£465,075	39% below HPI
1995 29 SEP	£67,500	£102,469	34% below HPI

7 WILLOW HERB 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 WILLOW HERB CLOSE sales from September 1995 and March 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 September 1995 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the March 2019 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 7 WILLOW HERB CLOSE be worth now?

7 WILLOW HERB CLOSE might now be worth an estimated £338,383.

This is based on house price inflation of 18.7%, between March 2019 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 18.7% inflationary increase is applied to the most recent sale price for 7 WILLOW HERB CLOSE of £285,000 on 19th March 2019. For the value to have increased from £285,000 to £338,383 over the six years and one month to February 2025, the following assumptions must hold true:

• The value of 7 WILLOW HERB CLOSE has moved in line with the HPI for detached houses in the Fareham local authority area.
• The March 2019 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 7 WILLOW HERB CLOSE has not materially changed since March 2019.

How Large is 7 WILLOW HERB CLOSE?

7 WILLOW HERB CLOSE is 78m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 10% of detached houses houses in Warsash, based on EPC data. The below chart shows the distribution of detached houses houses by size in Warsash, and where 7 WILLOW HERB CLOSE lies on this distribution: 9% of detached houses houses are smaller than 7 WILLOW HERB CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Warsash.

7 WILLOW HERB CLOSE: Plot and Title Map

7 WILLOW HERB CLOSE sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 7 WILLOW HERB 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 WILLOW HERB 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 WILLOW HERB CLOSE?

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