7, CARDINAL WAY, LOCKS HEATH, SOUTHAMPTON, SO31 6RT - £365,000

7 CARDINAL WAY is a small extended detached house of 112m², built sometime between 1976 and 1982. It was last sold for £365,000 in January 2019, which was around 21% below the average January 2019 detached price in the Fareham local authority area. The most recent EPC inspection was December 2017, where the current energy rating was C, and the potential energy rating was B.

7 CARDINAL WAY Sold Prices

Land registry data shows two sales for 7 CARDINAL WAY 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 7 CARDINAL 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
2019 3 JAN	£365,000	£460,130	21% below HPI
1999 13 OCT	£121,950	£142,829	15% below HPI

7 CARDINAL 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 two 7 CARDINAL WAY sales from October 1999 and January 2019 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 1999 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the January 2019 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 7 CARDINAL WAY?

7 CARDINAL WAY is 112m², which includes one extension, according to the EPC inspection conducted in December 2017. This puts it in the smallest 40% 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 7 CARDINAL WAY lies on this distribution: 36% of detached houses are smaller than 7 CARDINAL WAY, and 63% of houses are larger. Note that EPC data is not available for all properties in Titchfield Common.

7 CARDINAL WAY: Plot and Title Map

7 CARDINAL WAY sits on a plot of roughly 0.098 of an acre, or 399m². The below map shows the location of 7 CARDINAL 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 CARDINAL 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 CARDINAL WAY?

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