17, PENNYCRESS, LOCKS HEATH, SOUTHAMPTON, SO31 6SY - £65,000

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.

17 PENNYCRESS is a very small terraced house of 55m², built sometime between 1983 and 1990, which could now be worth an estimated £275,594. It was last sold for £65,000 in July 1999, which was around 1% above the average July 1999 terraced price in the Fareham local authority area. The most recent EPC inspection was January 2011, where the current energy rating was C, and the potential energy rating was B.

17 PENNYCRESS Sold Prices

Land registry data shows two sales for 17 PENNYCRESS 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 17 PENNYCRESS 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
1999 2 JUL	£65,000	£64,531	1% above HPI
1996 25 APR	£49,500	£47,895	3% above HPI

17 PENNYCRESS 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 17 PENNYCRESS sales from April 1996 and July 1999 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 1996 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the July 1999 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 17 PENNYCRESS be worth now?

17 PENNYCRESS might now be worth an estimated £275,594.

This is based on house price inflation of 324%, between July 1999 and June 2025, 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 324% inflationary increase is applied to the most recent sale price for 17 PENNYCRESS of £65,000 on 2nd July 1999. For the value to have increased from £65,000 to £275,594 over the 26 years and one month to June 2025, the following assumptions must hold true:

• The value of 17 PENNYCRESS has moved in line with the HPI for terraced houses in the Fareham local authority area.
• The July 1999 sale price of £65,000 represented a fair market value for the property.
• The size, condition, and specification of 17 PENNYCRESS has not materially changed since July 1999.

How Large is 17 PENNYCRESS?

17 PENNYCRESS is 55m² according to the EPC inspection conducted in January 2011. This puts it in the smallest 10% of terraced houses houses in Warsash, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Warsash, and where 17 PENNYCRESS lies on this distribution: Less than 1% of terraced houses houses are smaller than 17 PENNYCRESS, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Warsash.

17 PENNYCRESS: Plot and Title Map

17 PENNYCRESS sits on a plot of roughly 0.032 of an acre, or 128m². The below map shows the location of 17 PENNYCRESS, 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 17 PENNYCRESS). 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 17 PENNYCRESS?

17 PENNYCRESS is located in LOCKS HEATH, in the SO31 postcode district. The below map shows the position of No. 17 on PENNYCRESS.