48, LAMBOURNE DRIVE, LOCKS HEATH, SOUTHAMPTON, SO31 6TY - £342,500

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.

48 LAMBOURNE DRIVE is a very small terraced house of 60m², built sometime between 1991 and 1995, which could now be worth an estimated £329,531. It was last sold for £342,500 in October 2022, which was around 19% above the average October 2022 terraced price in the Fareham local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

48 LAMBOURNE DRIVE Sold Prices

Land registry data shows two sales for 48 LAMBOURNE DRIVE 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 48 LAMBOURNE DRIVE 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
2022 28 OCT	£342,500	£288,811	19% above HPI
2014 9 OCT	£220,000	£185,606	19% above HPI

48 LAMBOURNE DRIVE 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 48 LAMBOURNE DRIVE sales from October 2014 and October 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 October 2014 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the October 2022 sale, which was also at 19% above the HPI.

What might 48 LAMBOURNE DRIVE be worth now?

48 LAMBOURNE DRIVE might now be worth an estimated £329,531.

This is based on house price deflation of 3.8%, between October 2022 and July 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 3.8% deflationary decrease is applied to the most recent sale price for 48 LAMBOURNE DRIVE of £342,500 on 28th October 2022. For the value to have decreased from £342,500 to £329,531 over the three years and three months to July 2025, the following assumptions must hold true:

• The value of 48 LAMBOURNE DRIVE has moved in line with the HPI for terraced houses in the Fareham local authority area.
• The October 2022 sale price of £342,500 represented a fair market value for the property.
• The size, condition, and specification of 48 LAMBOURNE DRIVE has not materially changed since October 2022.

How Large is 48 LAMBOURNE DRIVE?

48 LAMBOURNE DRIVE is 60m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 10% of terraced houses houses in Locks Heath, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Locks Heath, and where 48 LAMBOURNE DRIVE lies on this distribution: 1% of terraced houses houses are smaller than 48 LAMBOURNE DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

48 LAMBOURNE DRIVE: Plot and Title Map

48 LAMBOURNE DRIVE sits on a plot of roughly 0.032 of an acre, or 128m². The below map shows the location of 48 LAMBOURNE DRIVE, 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 48 LAMBOURNE DRIVE). 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 48 LAMBOURNE DRIVE?

48 LAMBOURNE DRIVE is located in LOCKS HEATH, in the SO31 postcode district. The below map shows the position of No. 48 on LAMBOURNE DRIVE.