73, LOCKS HEATH PARK ROAD, LOCKS HEATH, SOUTHAMPTON, SO31 6LY - £540,000

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.

73 LOCKS HEATH PARK ROAD is a midsized detached house of 123m², built sometime between 1950 and 1966, which could now be worth an estimated £519,743. It was last sold for £540,000 in August 2022, which was around 6% below the average August 2022 detached price in the Fareham local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

73 LOCKS HEATH PARK ROAD Sold Prices

Land registry data shows two sales for 73 LOCKS HEATH PARK 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 73 LOCKS HEATH PARK 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
2022 5 AUG	£540,000	£573,709	6% below HPI
2020 18 NOV	£367,000	£482,139	24% below HPI

73 LOCKS HEATH PARK 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 73 LOCKS HEATH PARK ROAD sales from November 2020 and August 2022 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 November 2020 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2022 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 73 LOCKS HEATH PARK ROAD be worth now?

73 LOCKS HEATH PARK ROAD might now be worth an estimated £519,743.

This is based on house price deflation of 3.8%, between August 2022 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 3.8% deflationary decrease is applied to the most recent sale price for 73 LOCKS HEATH PARK ROAD of £540,000 on 5th August 2022. For the value to have decreased from £540,000 to £519,743 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 73 LOCKS HEATH PARK ROAD has moved in line with the HPI for detached houses in the Fareham local authority area.
• The August 2022 sale price of £540,000 represented a fair market value for the property.
• The size, condition, and specification of 73 LOCKS HEATH PARK ROAD has not materially changed since August 2022.

How Large is 73 LOCKS HEATH PARK ROAD?

73 LOCKS HEATH PARK ROAD is 123m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 50% of detached houses houses in Titchfield Common, based on EPC data. The below chart shows the distribution of detached houses houses by size in Titchfield Common, and where 73 LOCKS HEATH PARK ROAD lies on this distribution: 48% of detached houses houses are smaller than 73 LOCKS HEATH PARK ROAD, and 50% of houses are larger. Note that EPC data is not available for all properties in Titchfield Common.

73 LOCKS HEATH PARK ROAD: Plot and Title Map

73 LOCKS HEATH PARK ROAD sits on a plot of roughly 0.138 of an acre, or 559m². The below map shows the location of 73 LOCKS HEATH PARK 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 73 LOCKS HEATH PARK 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 73 LOCKS HEATH PARK ROAD?

73 LOCKS HEATH PARK ROAD is located in LOCKS HEATH, in the SO31 postcode district. The below map shows the position of No. 73 on LOCKS HEATH PARK ROAD.