8, CHINE CLOSE, LOCKS HEATH, SOUTHAMPTON, SO31 6WA - £585,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 CHINE CLOSE is a large extended detached house of 133m², built sometime between 1983 and 1990. It was last sold for £585,000 in August 2022, which was around 3% above the average August 2022 detached price in the Fareham local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.

8 CHINE CLOSE Sold Prices

Land registry data shows two sales for 8 CHINE 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 8 CHINE CLOSE sales were for above 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 19 AUG	£585,000	£568,416	3% above HPI
2001 29 NOV	£235,000	£206,055	14% above HPI

8 CHINE 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 8 CHINE CLOSE sales from November 2001 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 2001 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the August 2022 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 8 CHINE CLOSE?

8 CHINE CLOSE is 133m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the largest 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 8 CHINE CLOSE lies on this distribution: 70% of detached houses are smaller than 8 CHINE CLOSE, and 29% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

8 CHINE CLOSE: Plot and Title Map

8 CHINE CLOSE sits on a plot of roughly 0.147 of an acre, or 596m². The below map shows the location of 8 CHINE 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 8 CHINE 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 8 CHINE CLOSE?

8 CHINE CLOSE is located in LOCKS HEATH, in the SO31 postcode district. The below map shows the position of No. 8 on CHINE CLOSE.