7, STONECROP CLOSE, LOCKS HEATH, SOUTHAMPTON, SO31 6AY - £190,000

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.

7 STONECROP CLOSE is a very small terraced house of 41m², built sometime between 1983 and 1990, which could now be worth an estimated £179,176. It was last sold for £190,000 in August 2022, which was around 35% below the average August 2022 terraced price in the Fareham local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

7 STONECROP CLOSE Sold Prices

Land registry data shows seven sales for 7 STONECROP CLOSE 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. All of the seven 7 STONECROP CLOSE 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
2022 19 AUG	£190,000	£290,133	35% below HPI
2014 16 MAY	£142,000	£176,388	19% below HPI
2012 15 MAY	£127,000	£165,772	23% below HPI
2004 15 OCT	£124,950	£146,140	14% below HPI
2002 11 OCT	£96,500	£114,491	16% below HPI
1995 29 SEP	£38,100	£48,321	21% below HPI
1995 20 JUN	£38,000	£48,503	22% below HPI

7 STONECROP CLOSE 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 7 STONECROP CLOSE sales between June 1995 and August 2022 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 May 2014 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2022 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 7 STONECROP CLOSE be worth now?

7 STONECROP CLOSE might now be worth an estimated £179,176.

This is based on house price deflation of 5.7%, between August 2022 and June 2025, 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 5.7% deflationary decrease is applied to the most recent sale price for 7 STONECROP CLOSE of £190,000 on 19th August 2022. For the value to have decreased from £190,000 to £179,176 over the three years and two months to June 2025, the following assumptions must hold true:

• The value of 7 STONECROP CLOSE has moved in line with the HPI for terraced houses in the Fareham local authority area.
• The August 2022 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 7 STONECROP CLOSE has not materially changed since August 2022.

How Large is 7 STONECROP CLOSE?

7 STONECROP CLOSE is 41m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 10% of terraced houses houses in Warsash, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Warsash, and where 7 STONECROP CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 7 STONECROP CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Warsash.

7 STONECROP CLOSE: Plot and Title Map

7 STONECROP CLOSE sits on a plot of roughly 0.016 of an acre, or 66m². The below map shows the location of 7 STONECROP CLOSE, 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 STONECROP CLOSE). 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 STONECROP CLOSE?

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