5, DINGLE WAY, LOCKS HEATH, SOUTHAMPTON, SO31 6UR - £195,000

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.

5 DINGLE WAY is a very small terraced house of 49m², built sometime between 1983 and 1990, which could now be worth an estimated £262,428. It was last sold for £195,000 in February 2016, which was around 5% below the average February 2016 terraced price in the Fareham local authority area. The most recent EPC inspection was October 2014, where the current energy rating was E, and the potential energy rating was C.

5 DINGLE WAY Sold Prices

Land registry data shows seven sales for 5 DINGLE WAY since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average terraced price in the Fareham local authority area for the corresponding sale date. Most of the seven 5 DINGLE WAY 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
2016 18 FEB	£195,000	£206,284	5% below HPI
2015 31 JUL	£173,000	£190,846	9% below HPI
2006 7 JUL	£144,950	£154,562	6% below HPI
2004 15 OCT	£143,500	£146,140	2% below HPI
2002 8 FEB	£103,000	£98,367	5% above HPI
1997 25 APR	£53,000	£53,484	1% below HPI
1995 30 JUN	£48,000	£48,503	1% below HPI

5 DINGLE WAY 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 seven 5 DINGLE WAY sales between June 1995 and February 2016 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 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the February 2016 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 5 DINGLE WAY be worth now?

5 DINGLE WAY might now be worth an estimated £262,428.

This is based on house price inflation of 34.6%, between February 2016 and May 2026, 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 34.6% inflationary increase is applied to the most recent sale price for 5 DINGLE WAY of £195,000 on 18th February 2016. For the value to have increased from £195,000 to £262,428 over the nine years and nine months to May 2026, the following assumptions must hold true:

• The value of 5 DINGLE WAY has moved in line with the HPI for terraced houses in the Fareham local authority area.
• The February 2016 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 5 DINGLE WAY has not materially changed since February 2016.

How Large is 5 DINGLE WAY?

5 DINGLE WAY is 49m² according to the EPC inspection conducted in October 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 5 DINGLE WAY lies on this distribution: Less than 1% of terraced houses houses are smaller than 5 DINGLE WAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

5 DINGLE WAY: Plot and Title Map

5 DINGLE WAY sits on a plot of roughly 0.034 of an acre, or 139m². The below map shows the location of 5 DINGLE WAY, 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 5 DINGLE WAY). 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 5 DINGLE WAY?

5 DINGLE WAY is located in LOCKS HEATH, in the SO31 postcode district. The below map shows the position of No. 5 on DINGLE WAY.