10, OLD COMMON, LOCKS HEATH, SOUTHAMPTON, SO31 6AW - £263,000

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.

10 OLD COMMON is a very small terraced house of 87m², built sometime between 1983 and 1990, which could now be worth an estimated £314,560. It was last sold for £263,000 in September 2018, which was around 13% above the average September 2018 terraced price in the Fareham local authority area. The most recent EPC inspection was January 2009, where the current energy rating was C, and the potential energy rating was C.

10 OLD COMMON Sold Prices

Land registry data shows two sales for 10 OLD COMMON since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Fareham local authority area for the corresponding sale date. Both of the two 10 OLD COMMON 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
2018 25 SEP	£263,000	£231,914	13% above HPI
2005 7 APR	£170,000	£144,492	18% above HPI

10 OLD COMMON Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Fareham local authority area over time, sourced from the HPI. The two 10 OLD COMMON sales from April 2005 and September 2018 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 April 2005 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the September 2018 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 10 OLD COMMON be worth now?

10 OLD COMMON might now be worth an estimated £314,560.

This is based on house price inflation of 19.6%, between September 2018 and April 2026, for terraced 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 19.6% inflationary increase is applied to the most recent sale price for 10 OLD COMMON of £263,000 on 25th September 2018. For the value to have increased from £263,000 to £314,560 over the eight years and five months to April 2026, the following assumptions must hold true:

• The value of 10 OLD COMMON has moved in line with the HPI for terraced houses in the Fareham local authority area.
• The September 2018 sale price of £263,000 represented a fair market value for the property.
• The size, condition, and specification of 10 OLD COMMON has not materially changed since September 2018.

How Large is 10 OLD COMMON?

10 OLD COMMON is 87m² according to the EPC inspection conducted in January 2009. This puts it in the smallest 20% of terraced houses houses in Locks Heath, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Locks Heath, and where 10 OLD COMMON lies on this distribution: 16% of terraced houses houses are smaller than 10 OLD COMMON, and 84% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

10 OLD COMMON: Plot and Title Map

10 OLD COMMON sits on a plot of roughly 0.040 of an acre, or 161m². The below map shows the location of 10 OLD COMMON, 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 10 OLD COMMON). 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 10 OLD COMMON?

10 OLD COMMON is located in LOCKS HEATH, in the SO31 postcode district. The below map shows the position of No. 10 on OLD COMMON.