37, PENNYCRESS, LOCKS HEATH, SOUTHAMPTON, SO31 6SY - £275,000

37 PENNYCRESS is a small extended detached house of 101m², built sometime between 1983 and 1990. It was last sold for £275,000 in December 2013, which was around 17% below the average December 2013 detached price in the Fareham local authority area. The most recent EPC inspection was August 2013, where the current energy rating was E, and the potential energy rating was C.

37 PENNYCRESS Sold Prices

Land registry data shows five sales for 37 PENNYCRESS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. All of the five 37 PENNYCRESS 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
2013 6 DEC	£275,000	£330,526	17% below HPI
2006 7 DEC	£250,000	£307,869	19% below HPI
2003 10 DEC	£218,000	£267,232	18% below HPI
2002 21 MAY	£184,000	£217,404	15% below HPI
1997 26 NOV	£60,000	£123,623	51% below HPI

37 PENNYCRESS 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 five 37 PENNYCRESS sales between November 1997 and December 2013 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 December 2006 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the December 2013 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 37 PENNYCRESS?

37 PENNYCRESS is 101m², which includes one extension, according to the EPC inspection conducted in August 2013. This puts it in the smallest 40% of detached houses in Warsash, based on EPC data. The below chart shows the distribution of detached houses by size in Warsash, and where 37 PENNYCRESS lies on this distribution: 31% of detached houses are smaller than 37 PENNYCRESS, and 68% of houses are larger. Note that EPC data is not available for all properties in Warsash.

37 PENNYCRESS: Plot and Title Map

37 PENNYCRESS sits on a plot of roughly 0.061 of an acre, or 249m². The below map shows the location of 37 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 37 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 37 PENNYCRESS?

37 PENNYCRESS is located in LOCKS HEATH, in the SO31 postcode district. The below map shows the position of No. 37 on PENNYCRESS.