9, SHEPHERDS PURSE CLOSE, LOCKS HEATH, SOUTHAMPTON, SO31 6DF - £446,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

9 SHEPHERDS PURSE CLOSE is a midsized detached house of 126m², built sometime between 1983 and 1990, which could now be worth an estimated £446,021. It was last sold for £446,000 in August 2024, which was around 19% below the average August 2024 detached price in the Fareham local authority area. The most recent EPC inspection was March 2024, where the current energy rating was D, and the potential energy rating was C.

9 SHEPHERDS PURSE CLOSE Sold Prices

Land registry data shows six sales for 9 SHEPHERDS PURSE CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. All of the six 9 SHEPHERDS PURSE 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
2024 12 AUG	£446,000	£547,485	19% below HPI
2013 11 JAN	£273,000	£316,873	14% below HPI
2007 1 MAY	£280,000	£319,901	12% below HPI
2005 27 JUN	£242,500	£282,492	14% below HPI
2005 17 MAR	£245,000	£282,712	13% below HPI
1996 25 OCT	£93,000	£107,361	13% below HPI

9 SHEPHERDS PURSE 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 six 9 SHEPHERDS PURSE CLOSE sales between October 1996 and August 2024 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 January 2013 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the August 2024 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 9 SHEPHERDS PURSE CLOSE be worth now?

9 SHEPHERDS PURSE CLOSE might now be worth an estimated £446,021.

This is based on house price inflation of 0%, between August 2024 and December 2024, 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 0% inflationary increase is applied to the most recent sale price for 9 SHEPHERDS PURSE CLOSE of £446,000 on 12th August 2024. For the value to have increased from £446,000 to £446,021 over the eight months to December 2024, the following assumptions must hold true:

• The value of 9 SHEPHERDS PURSE CLOSE has moved in line with the HPI for detached houses in the Fareham local authority area.
• The August 2024 sale price of £446,000 represented a fair market value for the property.
• The size, condition, and specification of 9 SHEPHERDS PURSE CLOSE has not materially changed since August 2024.

How Large is 9 SHEPHERDS PURSE CLOSE?

9 SHEPHERDS PURSE CLOSE is 126m² according to the EPC inspection conducted in March 2024. This puts it in the largest 50% of detached houses houses in Warsash, based on EPC data. The below chart shows the distribution of detached houses houses by size in Warsash, and where 9 SHEPHERDS PURSE CLOSE lies on this distribution: 55% of detached houses houses are smaller than 9 SHEPHERDS PURSE CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Warsash.

9 SHEPHERDS PURSE CLOSE: Plot and Title Map

9 SHEPHERDS PURSE CLOSE sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 9 SHEPHERDS PURSE 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 9 SHEPHERDS PURSE 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 9 SHEPHERDS PURSE CLOSE?

9 SHEPHERDS PURSE CLOSE is located in LOCKS HEATH, in the SO31 postcode district. The below map shows the position of No. 9 on SHEPHERDS PURSE CLOSE.