8, PARK GLEN, PARK GATE, SOUTHAMPTON, SO31 6BZ - £625,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

8 PARK GLEN is a very large extended detached house of 196m², built sometime between 1983 and 1990. It was last sold for £625,000 in November 2023, which was around 14% above the average November 2023 detached price in the Fareham local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

8 PARK GLEN Sold Prices

Land registry data shows five sales for 8 PARK GLEN since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. All of the five 8 PARK GLEN 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 3 NOV	£625,000	£546,687	14% above HPI
2021 17 DEC	£540,000	£533,478	1% above HPI
2015 4 SEP	£390,000	£384,656	1% above HPI
2006 5 OCT	£305,000	£300,496	1% above HPI
2003 19 NOV	£274,000	£266,326	3% above HPI

8 PARK GLEN 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 five 8 PARK GLEN sales between November 2003 and November 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 December 2021 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the November 2023 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 8 PARK GLEN?

8 PARK GLEN is 196m², which includes two extensions, according to the EPC inspection conducted in February 2016. This puts it in the largest 10% 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 PARK GLEN lies on this distribution: 95% of detached houses are smaller than 8 PARK GLEN, and 5% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

8 PARK GLEN: Plot and Title Map

8 PARK GLEN sits on a plot of roughly 0.122 of an acre, or 494m². The below map shows the location of 8 PARK GLEN, 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 PARK GLEN). 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 PARK GLEN?

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