55, BRIDGE ROAD, PARK GATE, SOUTHAMPTON, SO31 7GG - £260,000

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.

55 BRIDGE ROAD is a very small terraced house of 73m², built sometime between 1900 and 1929, which could now be worth an estimated £263,951. It was last sold for £260,000 in December 2023, which was around 5% below the average December 2023 terraced price in the Fareham local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.

55 BRIDGE ROAD Sold Prices

Land registry data shows three sales for 55 BRIDGE ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Fareham local authority area for the corresponding sale date. All of the three 55 BRIDGE ROAD 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
2023 19 DEC	£260,000	£273,459	5% below HPI
2019 4 SEP	£199,950	£228,880	13% below HPI
2018 30 NOV	£157,000	£229,578	32% below HPI

55 BRIDGE ROAD 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 three 55 BRIDGE ROAD sales between November 2018 and December 2023 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 September 2019 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the December 2023 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 55 BRIDGE ROAD be worth now?

55 BRIDGE ROAD might now be worth an estimated £263,951.

This is based on house price inflation of 1.5%, between December 2023 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 1.5% inflationary increase is applied to the most recent sale price for 55 BRIDGE ROAD of £260,000 on 19th December 2023. For the value to have increased from £260,000 to £263,951 over the three years and seven months to May 2026, the following assumptions must hold true:

• The value of 55 BRIDGE ROAD has moved in line with the HPI for terraced houses in the Fareham local authority area.
• The December 2023 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 55 BRIDGE ROAD has not materially changed since December 2023.

How Large is 55 BRIDGE ROAD?

55 BRIDGE ROAD is 73m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 10% of terraced houses houses in Park Gate, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Park Gate, and where 55 BRIDGE ROAD lies on this distribution: 2% of terraced houses houses are smaller than 55 BRIDGE ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Park Gate.

55 BRIDGE ROAD: Plot and Title Map

55 BRIDGE ROAD sits on a plot of roughly 0.046 of an acre, or 188m². The below map shows the location of 55 BRIDGE 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 55 BRIDGE 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 55 BRIDGE ROAD?

55 BRIDGE ROAD is located in PARK GATE, in the SO31 postcode district. The below map shows the position of No. 55 on BRIDGE ROAD.