19, RICHARDS CLOSE, LOCKS HEATH, SOUTHAMPTON, SO31 6LN - £335,000

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.

19 RICHARDS CLOSE is a midsized extended detached house of 115m², built sometime between 1950 and 1966, which could now be worth an estimated £409,610. It was last sold for £335,000 in August 2017, which was around 25% below the average August 2017 detached price in the Fareham local authority area. The most recent EPC inspection was January 2024, where the current energy rating was D, and the potential energy rating was B.

19 RICHARDS CLOSE Sold Prices

Land registry data shows three sales for 19 RICHARDS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. All of the three 19 RICHARDS 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
2017 18 AUG	£335,000	£446,498	25% below HPI
2015 22 JAN	£283,500	£372,126	24% below HPI
2003 28 AUG	£195,000	£272,689	28% below HPI

19 RICHARDS 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 three 19 RICHARDS CLOSE sales between August 2003 and August 2017 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 2015 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2017 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 19 RICHARDS CLOSE be worth now?

19 RICHARDS CLOSE might now be worth an estimated £409,610.

This is based on house price inflation of 22.3%, between August 2017 and April 2026, 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 22.3% inflationary increase is applied to the most recent sale price for 19 RICHARDS CLOSE of £335,000 on 18th August 2017. For the value to have increased from £335,000 to £409,610 over the nine years and four months to April 2026, the following assumptions must hold true:

• The value of 19 RICHARDS CLOSE has moved in line with the HPI for detached houses in the Fareham local authority area.
• The August 2017 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 19 RICHARDS CLOSE has not materially changed since August 2017.

How Large is 19 RICHARDS CLOSE?

19 RICHARDS CLOSE is 115m², which includes one extension, according to the EPC inspection conducted in January 2024. This puts it in the largest 50% 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 19 RICHARDS CLOSE lies on this distribution: 49% of detached houses houses are smaller than 19 RICHARDS CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

19 RICHARDS CLOSE: Plot and Title Map

19 RICHARDS CLOSE sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 19 RICHARDS 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 19 RICHARDS 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 19 RICHARDS CLOSE?

19 RICHARDS CLOSE is located in LOCKS HEATH, in the SO31 postcode district. The below map shows the position of No. 19 on RICHARDS CLOSE.