8, FIELD CLOSE, LOCKS HEATH, SOUTHAMPTON, SO31 6TX - £605,000

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 FIELD CLOSE is a large detached house of 130m², built sometime between 1991 and 1995. It was last sold for £605,000 in May 2023, which was around 9% above the average May 2023 detached price in the Fareham local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was B.

8 FIELD CLOSE Sold Prices

Land registry data shows three sales for 8 FIELD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. All of the three 8 FIELD 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
2023 11 MAY	£605,000	£553,776	9% above HPI
2010 3 SEP	£391,000	£325,436	20% above HPI
1998 24 APR	£149,950	£127,982	17% above HPI

8 FIELD 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 three 8 FIELD CLOSE sales between April 1998 and May 2023 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 2010 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the May 2023 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 8 FIELD CLOSE?

8 FIELD CLOSE is 130m² according to the EPC inspection conducted in August 2022. This puts it in the largest 40% 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 FIELD CLOSE lies on this distribution: 66% of detached houses are smaller than 8 FIELD CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

8 FIELD CLOSE: Plot and Title Map

8 FIELD CLOSE sits on a plot of roughly 0.143 of an acre, or 580m². The below map shows the location of 8 FIELD 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 FIELD 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 FIELD CLOSE?

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