8, RICHARDS CLOSE, LOCKS HEATH, SOUTHAMPTON, SO31 6LN - £230,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

8 RICHARDS CLOSE is a midsized semi-detached house of 109m², built sometime between 1950 and 1966. It was last sold for £230,000 in October 2013, which was around 30% below the average October 2013 detached price in the Fareham local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was C.

8 RICHARDS CLOSE Sold Prices

Land registry data shows three sales for 8 RICHARDS 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 RICHARDS CLOSE 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
2013 28 OCT	£230,000	£329,173	30% below HPI
2001 8 JUN	£123,000	£186,326	34% below HPI
1997 28 AUG	£76,000	£119,754	37% below HPI

8 RICHARDS 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 RICHARDS CLOSE sales between August 1997 and October 2013 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 June 2001 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the October 2013 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 8 RICHARDS CLOSE?

8 RICHARDS CLOSE is 109m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 50% 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 RICHARDS CLOSE lies on this distribution: 42% of detached houses are smaller than 8 RICHARDS CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

8 RICHARDS CLOSE: Plot and Title Map

8 RICHARDS CLOSE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 8 RICHARDS 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 RICHARDS 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 RICHARDS CLOSE?

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