8, IRONBRIDGE CRESCENT, PARK GATE, SOUTHAMPTON, SO31 7FX - £460,000

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.

8 IRONBRIDGE CRESCENT is a small extended detached house of 119m², built sometime between 1991 and 1995, which could now be worth an estimated £513,011. It was last sold for £460,000 in June 2021, which was around 7% below the average June 2021 detached price in the Fareham local authority area. The most recent EPC inspection was December 2020, where the current energy rating was D, and the potential energy rating was C.

8 IRONBRIDGE CRESCENT Sold Prices

Land registry data shows four sales for 8 IRONBRIDGE CRESCENT since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. All of the four 8 IRONBRIDGE CRESCENT 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
2021 10 JUN	£460,000	£495,128	7% below HPI
2009 2 NOV	£285,000	£305,555	7% below HPI
2002 5 JUN	£199,950	£222,678	10% below HPI
1999 11 JUN	£123,000	£137,330	10% below HPI

8 IRONBRIDGE CRESCENT 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 four 8 IRONBRIDGE CRESCENT sales between June 1999 and June 2021 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 2009 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the June 2021 sale, which was also at 7% below the HPI.

What might 8 IRONBRIDGE CRESCENT be worth now?

8 IRONBRIDGE CRESCENT might now be worth an estimated £513,011.

This is based on house price inflation of 11.5%, between June 2021 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 11.5% inflationary increase is applied to the most recent sale price for 8 IRONBRIDGE CRESCENT of £460,000 on 10th June 2021. For the value to have increased from £460,000 to £513,011 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 8 IRONBRIDGE CRESCENT has moved in line with the HPI for detached houses in the Fareham local authority area.
• The June 2021 sale price of £460,000 represented a fair market value for the property.
• The size, condition, and specification of 8 IRONBRIDGE CRESCENT has not materially changed since June 2021.

How Large is 8 IRONBRIDGE CRESCENT?

8 IRONBRIDGE CRESCENT is 119m², which includes one extension, according to the EPC inspection conducted in December 2020. This puts it in the smallest 30% of detached houses houses in Sarisbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sarisbury, and where 8 IRONBRIDGE CRESCENT lies on this distribution: 21% of detached houses houses are smaller than 8 IRONBRIDGE CRESCENT, and 79% of houses are larger. Note that EPC data is not available for all properties in Sarisbury.

8 IRONBRIDGE CRESCENT: Plot and Title Map

8 IRONBRIDGE CRESCENT sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 8 IRONBRIDGE CRESCENT, 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 IRONBRIDGE CRESCENT). 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 IRONBRIDGE CRESCENT?

8 IRONBRIDGE CRESCENT is located in PARK GATE, in the SO31 postcode district. The below map shows the position of No. 8 on IRONBRIDGE CRESCENT.