10, STONECROP CLOSE, LOCKS HEATH, SOUTHAMPTON, SO31 6AY - £343,500

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 STONECROP CLOSE is a small extended semi-detached house of 93m², built sometime between 1983 and 1990, which could now be worth an estimated £330,972. It was last sold for £343,500 in September 2022, which was around 2% below the average September 2022 semi-detached price in the Fareham local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

10 STONECROP CLOSE Sold Prices

Land registry data shows three sales for 10 STONECROP CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Fareham local authority area for the corresponding sale date. The three 10 STONECROP CLOSE sales were a mix of below the average price, roughly equal to the average price, and 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
2022 9 SEP	£343,500	£349,389	2% below HPI
2017 25 AUG	£270,000	£270,797	Close to HPI
2010 16 AUG	£200,000	£195,323	2% above HPI

10 STONECROP CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Fareham local authority area over time, sourced from the HPI. The three 10 STONECROP CLOSE sales between August 2010 and September 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 roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the September 2022 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 10 STONECROP CLOSE be worth now?

10 STONECROP CLOSE might now be worth an estimated £330,972.

This is based on house price deflation of 3.6%, between September 2022 and April 2026, for semi-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 10 STONECROP CLOSE of £343,500 on 9th September 2022. For the value to have decreased from £343,500 to £330,972 over the four years and five months to April 2026, the following assumptions must hold true:

• The value of 10 STONECROP CLOSE has moved in line with the HPI for semi-detached houses in the Fareham local authority area.
• The September 2022 sale price of £343,500 represented a fair market value for the property.
• The size, condition, and specification of 10 STONECROP CLOSE has not materially changed since September 2022.

How Large is 10 STONECROP CLOSE?

10 STONECROP CLOSE is 93m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the smallest 30% of semi-detached houses houses in Warsash, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Warsash, and where 10 STONECROP CLOSE lies on this distribution: 22% of semi-detached houses houses are smaller than 10 STONECROP CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Warsash.

10 STONECROP CLOSE: Plot and Title Map

10 STONECROP CLOSE sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 10 STONECROP 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 10 STONECROP 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 10 STONECROP CLOSE?

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