8, GROVEBURY, LOCKS HEATH, SOUTHAMPTON, SO31 6PL - £540,000

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 GROVEBURY is a very large extended detached house of 162m², built sometime between 1996 and 2002. It was last sold for £540,000 in August 2017, which was around 22% above the average August 2017 detached price in the Fareham local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

8 GROVEBURY Sold Prices

Land registry data shows two sales for 8 GROVEBURY 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 GROVEBURY 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
2017 7 AUG	£540,000	£442,379	22% above HPI
2000 29 SEP	£278,950	£179,965	55% above HPI

8 GROVEBURY 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 GROVEBURY sales from September 2000 and August 2017 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 2000 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the August 2017 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 8 GROVEBURY?

8 GROVEBURY is 162m², which includes two extensions, according to the EPC inspection conducted in September 2014. This puts it in the largest 20% 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 GROVEBURY lies on this distribution: 86% of detached houses are smaller than 8 GROVEBURY, and 14% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

8 GROVEBURY: Plot and Title Map

8 GROVEBURY sits on a plot of roughly 0.116 of an acre, or 470m². The below map shows the location of 8 GROVEBURY, 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 GROVEBURY). 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 GROVEBURY?

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