7, BUTTERCUP WAY, LOCKS HEATH, SOUTHAMPTON, SO31 6DG - £238,500

7 BUTTERCUP WAY is a very small extended detached house of 80m², built sometime between 1983 and 1990. It was last sold for £238,500 in May 2014, which was around 30% below the average May 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.

7 BUTTERCUP WAY Sold Prices

Land registry data shows four sales for 7 BUTTERCUP WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. All of the four 7 BUTTERCUP 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
2014 16 MAY	£238,500	£341,747	30% below HPI
2006 7 APR	£208,000	£288,357	28% below HPI
1999 5 NOV	£94,500	£145,090	35% below HPI
1996 29 NOV	£74,000	£107,807	31% below HPI

7 BUTTERCUP WAY 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 four 7 BUTTERCUP WAY sales between November 1996 and May 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 April 2006 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the May 2014 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 7 BUTTERCUP WAY?

7 BUTTERCUP WAY is 80m², which includes one extension, according to the EPC inspection conducted in January 2014. This puts it in the smallest 20% of detached houses in Warsash, based on EPC data. The below chart shows the distribution of detached houses by size in Warsash, and where 7 BUTTERCUP WAY lies on this distribution: 12% of detached houses are smaller than 7 BUTTERCUP WAY, and 87% of houses are larger. Note that EPC data is not available for all properties in Warsash.

7 BUTTERCUP WAY: Plot and Title Map

7 BUTTERCUP WAY sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 7 BUTTERCUP 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 7 BUTTERCUP 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 7 BUTTERCUP WAY?

7 BUTTERCUP WAY is located in LOCKS HEATH, in the SO31 postcode district. The below map shows the position of No. 7 on BUTTERCUP WAY.