11, RICHARDS CLOSE, LOCKS HEATH, SOUTHAMPTON, SO31 6LN - £169,950

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.

11 RICHARDS CLOSE is a detached house, which could now be worth an estimated £397,957. It was last sold for £169,950 in August 2002, which was around 27% below the average August 2002 detached price in the Fareham local authority area.

11 RICHARDS CLOSE Sold Prices

Land registry data shows one sale for 11 RICHARDS CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average 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
2002 2 AUG	£169,950	£232,439	27% below HPI

What might 11 RICHARDS CLOSE be worth now?

11 RICHARDS CLOSE might now be worth an estimated £397,957.

This is based on house price inflation of 134.2%, between August 2002 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 134.2% inflationary increase is applied to the most recent sale price for 11 RICHARDS CLOSE of £169,950 on 2nd August 2002. For the value to have increased from £169,950 to £397,957 over the 24 years and three months to May 2026, the following assumptions must hold true:

• The value of 11 RICHARDS CLOSE has moved in line with the HPI for detached houses in the Fareham local authority area.
• The August 2002 sale price of £169,950 represented a fair market value for the property.
• The size, condition, and specification of 11 RICHARDS CLOSE has not materially changed since August 2002.

Where is 11 RICHARDS CLOSE?

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