88A, SOUTHAMPTON ROAD, PARK GATE, SOUTHAMPTON, SO31 6AF - £480,000

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.

88A SOUTHAMPTON ROAD is a large detached house of 125m², built in 2022, which could now be worth an estimated £462,781. It was last sold for £480,000 in November 2022, which was around 16% below the average November 2022 detached price in the Fareham local authority area. The most recent EPC inspection was September 2022, where the current energy rating was B, and the potential energy rating was A.

88A SOUTHAMPTON ROAD Sold Prices

Land registry data shows two sales for 88A SOUTHAMPTON ROAD 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 88A SOUTHAMPTON ROAD 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
2022 4 NOV	£480,000	£572,733	16% below HPI
2017 24 AUG	£369,950	£446,498	17% below HPI

88A SOUTHAMPTON ROAD 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 88A SOUTHAMPTON ROAD sales from August 2017 and November 2022 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 August 2017 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the November 2022 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 88A SOUTHAMPTON ROAD be worth now?

88A SOUTHAMPTON ROAD might now be worth an estimated £462,781.

This is based on house price deflation of 3.6%, between November 2022 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 3.6% deflationary decrease is applied to the most recent sale price for 88A SOUTHAMPTON ROAD of £480,000 on 4th November 2022. For the value to have decreased from £480,000 to £462,781 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of 88A SOUTHAMPTON ROAD has moved in line with the HPI for detached houses in the Fareham local authority area.
• The November 2022 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of 88A SOUTHAMPTON ROAD has not materially changed since November 2022.

How Large is 88A SOUTHAMPTON ROAD?

88A SOUTHAMPTON ROAD is 125m² according to the EPC inspection conducted in September 2022. This puts it in the largest 40% of detached houses houses in Locks Heath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Locks Heath, and where 88A SOUTHAMPTON ROAD lies on this distribution: 61% of detached houses houses are smaller than 88A SOUTHAMPTON ROAD, and 38% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

88A SOUTHAMPTON ROAD: Plot and Title Map

88A SOUTHAMPTON ROAD sits on a plot of roughly 0.116 of an acre, or 468m². The below map shows the location of 88A SOUTHAMPTON ROAD, 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 88A SOUTHAMPTON ROAD). 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 88A SOUTHAMPTON ROAD?

88A SOUTHAMPTON ROAD is located in PARK GATE, in the SO31 postcode district. The below map shows the position of No. 88A on SOUTHAMPTON ROAD.