10, RICHARDS CLOSE, LOCKS HEATH, SOUTHAMPTON, SO31 6LN - £339,950

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.

10 RICHARDS CLOSE is a very large extended semi-detached house of 123m², built sometime between 1967 and 1975, which could now be worth an estimated £414,329. It was last sold for £339,950 in August 2019, which was around 23% above the average August 2019 semi-detached price in the Fareham local authority area. The most recent EPC inspection was December 2014, where the current energy rating was C, and the potential energy rating was B.

10 RICHARDS CLOSE Sold Prices

Land registry data shows one sale for 10 RICHARDS CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached price in the Fareham local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 16 AUG	£339,950	£276,863	23% above HPI

What might 10 RICHARDS CLOSE be worth now?

10 RICHARDS CLOSE might now be worth an estimated £414,329.

This is based on house price inflation of 21.9%, between August 2019 and May 2026, for semi-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 21.9% inflationary increase is applied to the most recent sale price for 10 RICHARDS CLOSE of £339,950 on 16th August 2019. For the value to have increased from £339,950 to £414,329 over the seven years and three months to May 2026, the following assumptions must hold true:

• The value of 10 RICHARDS CLOSE has moved in line with the HPI for semi-detached houses in the Fareham local authority area.
• The August 2019 sale price of £339,950 represented a fair market value for the property.
• The size, condition, and specification of 10 RICHARDS CLOSE has not materially changed since August 2019.

How Large is 10 RICHARDS CLOSE?

10 RICHARDS CLOSE is 123m², which includes two extensions, according to the EPC inspection conducted in December 2014. This puts it in the largest 10% of semi-detached houses in Locks Heath, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Locks Heath, and where 10 RICHARDS CLOSE lies on this distribution: 91% of semi-detached houses are smaller than 10 RICHARDS CLOSE, and 9% of semi-detached houses are larger. Note that EPC data is not available for all properties in Locks Heath.

10 RICHARDS CLOSE: Plot

10 RICHARDS CLOSE sits on a plot of roughly 0.085 of an acre, or 344m².

Where is 10 RICHARDS CLOSE?

10 RICHARDS CLOSE is located in LOCKS HEATH, in the SO31 postcode district.