5, THE VALE, LOCKS HEATH, SOUTHAMPTON, SO31 6NL - £405,000

5 THE VALE is a very large detached house of 171m², built sometime between 1996 and 2002. It was last sold for £405,000 in July 2014, which was around 14% above the average July 2014 detached price in the Fareham local authority area. The most recent EPC inspection was January 2014, where the current energy rating was C, and the potential energy rating was B.

5 THE VALE Sold Prices

Land registry data shows two sales for 5 THE VALE 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 5 THE VALE 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
2014 18 JUL	£405,000	£355,230	14% above HPI
1996 9 AUG	£155,000	£106,354	46% above HPI

5 THE VALE 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 5 THE VALE sales from August 1996 and July 2014 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 August 1996 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the July 2014 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 5 THE VALE?

5 THE VALE is 171m² according to the EPC inspection conducted in January 2014. This puts it in the largest 20% of detached houses in Titchfield Common, based on EPC data. The below chart shows the distribution of detached houses by size in Titchfield Common, and where 5 THE VALE lies on this distribution: 89% of detached houses are smaller than 5 THE VALE, and 11% of houses are larger. Note that EPC data is not available for all properties in Titchfield Common.

5 THE VALE: Plot and Title Map

5 THE VALE sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 5 THE VALE, 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 THE VALE). 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 THE VALE?

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