40, RALEY ROAD, LOCKS HEATH, SOUTHAMPTON, SO31 6PD - £730,000

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.

40 RALEY ROAD is a very large extended detached house of 186m², built sometime between 1950 and 1966, which could now be worth an estimated £749,231. It was last sold for £730,000 in January 2022, which was around 36% above the average January 2022 detached price in the Fareham local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

40 RALEY ROAD Sold Prices

Land registry data shows two sales for 40 RALEY ROAD 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. One of the two 40 RALEY ROAD sales was for above the average price, whilst the other was 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
2022 27 JAN	£730,000	£535,596	36% above HPI
2015 24 JUL	£370,000	£375,463	1% below HPI

40 RALEY ROAD 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 40 RALEY ROAD sales from July 2015 and January 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 July 2015 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the January 2022 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might 40 RALEY ROAD be worth now?

40 RALEY ROAD might now be worth an estimated £749,231.

This is based on house price inflation of 2.6%, between January 2022 and March 2025, 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 2.6% inflationary increase is applied to the most recent sale price for 40 RALEY ROAD of £730,000 on 27th January 2022. For the value to have increased from £730,000 to £749,231 over the two years and ten months to March 2025, the following assumptions must hold true:

• The value of 40 RALEY ROAD has moved in line with the HPI for detached houses in the Fareham local authority area.
• The January 2022 sale price of £730,000 represented a fair market value for the property.
• The size, condition, and specification of 40 RALEY ROAD has not materially changed since January 2022.

How Large is 40 RALEY ROAD?

40 RALEY ROAD is 186m², which includes two extensions, according to the EPC inspection conducted in March 2021. 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 40 RALEY ROAD lies on this distribution: 93% of detached houses houses are smaller than 40 RALEY ROAD, and 6% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

40 RALEY ROAD: Plot and Title Map

40 RALEY ROAD sits on a plot of roughly 0.220 of an acre, or 889m². The below map shows the location of 40 RALEY ROAD, 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 40 RALEY ROAD). 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 40 RALEY ROAD?

40 RALEY ROAD is located in LOCKS HEATH, in the SO31 postcode district. The below map shows the position of No. 40 on RALEY ROAD.