2, OLD COMMON, LOCKS HEATH, SOUTHAMPTON, SO31 6AW - £455,000

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.

2 OLD COMMON is a very large extended detached house of 171m², built sometime between 1983 and 1990, which could now be worth an estimated £621,668. It was last sold for £455,000 in December 2015, which was around 14% above the average December 2015 detached price in the Fareham local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was C.

2 OLD COMMON Sold Prices

Land registry data shows two sales for 2 OLD COMMON since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. Both of the two 2 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
2015 4 DEC	£455,000	£399,575	14% above HPI
1996 19 JAN	£128,000	£103,944	23% above HPI

2 OLD COMMON 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 two 2 OLD COMMON sales from January 1996 and December 2015 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 1996 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the December 2015 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 2 OLD COMMON be worth now?

2 OLD COMMON might now be worth an estimated £621,668.

This is based on house price inflation of 36.6%, between December 2015 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 36.6% inflationary increase is applied to the most recent sale price for 2 OLD COMMON of £455,000 on 4th December 2015. For the value to have increased from £455,000 to £621,668 over the eleven years and eight months to April 2026, the following assumptions must hold true:

• The value of 2 OLD COMMON has moved in line with the HPI for detached houses in the Fareham local authority area.
• The December 2015 sale price of £455,000 represented a fair market value for the property.
• The size, condition, and specification of 2 OLD COMMON has not materially changed since December 2015.

How Large is 2 OLD COMMON?

2 OLD COMMON is 171m², which includes one extension, according to the EPC inspection conducted in August 2015. This puts it in the largest 10% 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 2 OLD COMMON lies on this distribution: 90% of detached houses houses are smaller than 2 OLD COMMON, and 10% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

2 OLD COMMON: Plot and Title Map

2 OLD COMMON sits on a plot of roughly 0.127 of an acre, or 515m². The below map shows the location of 2 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 2 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 2 OLD COMMON?

2 OLD COMMON is located in LOCKS HEATH, in the SO31 postcode district. The below map shows the position of No. 2 on OLD COMMON.