8, GORSE CLOSE, LOCKS HEATH, SOUTHAMPTON, SO31 6XZ - £108,000

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.

8 GORSE CLOSE is a detached house, which could now be worth an estimated £474,527. It was last sold for £108,000 in December 1997, which was around 13% below the average December 1997 detached price in the Fareham local authority area.

8 GORSE CLOSE Sold Prices

Land registry data shows two sales for 8 GORSE CLOSE 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 8 GORSE 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
1997 10 DEC	£108,000	£123,876	13% below HPI
1995 31 MAY	£90,000	£100,775	11% below HPI

What might 8 GORSE CLOSE be worth now?

8 GORSE CLOSE might now be worth an estimated £474,527.

This is based on house price inflation of 339.4%, between December 1997 and May 2026, for detached 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 339.4% inflationary increase is applied to the most recent sale price for 8 GORSE CLOSE of £108,000 on 10th December 1997. For the value to have increased from £108,000 to £474,527 over the 29 years and seven months to May 2026, the following assumptions must hold true:

• The value of 8 GORSE CLOSE has moved in line with the HPI for detached houses in the Fareham local authority area.
• The December 1997 sale price of £108,000 represented a fair market value for the property.
• The size, condition, and specification of 8 GORSE CLOSE has not materially changed since December 1997.

Where is 8 GORSE CLOSE?

8 GORSE CLOSE is located in LOCKS HEATH, in the SO31 postcode district.