12, FIELD CLOSE, LOCKS HEATH, SOUTHAMPTON, SO31 6TX - £249,000

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.

12 FIELD CLOSE is a detached house, which could now be worth an estimated £464,325. It was last sold for £249,000 in May 2006, which was around 15% below the average May 2006 detached price in the Fareham local authority area.

12 FIELD CLOSE Sold Prices

Land registry data shows three sales for 12 FIELD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. All of the three 12 FIELD 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
2006 26 MAY	£249,000	£291,878	15% below HPI
2000 21 JAN	£139,999	£156,048	10% below HPI
1997 27 OCT	£100,000	£125,559	20% below HPI

What might 12 FIELD CLOSE be worth now?

12 FIELD CLOSE might now be worth an estimated £464,325.

This is based on house price inflation of 86.5%, between May 2006 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 86.5% inflationary increase is applied to the most recent sale price for 12 FIELD CLOSE of £249,000 on 26th May 2006. For the value to have increased from £249,000 to £464,325 over the twenty years to May 2026, the following assumptions must hold true:

• The value of 12 FIELD CLOSE has moved in line with the HPI for detached houses in the Fareham local authority area.
• The May 2006 sale price of £249,000 represented a fair market value for the property.
• The size, condition, and specification of 12 FIELD CLOSE has not materially changed since May 2006.

Where is 12 FIELD CLOSE?

12 FIELD CLOSE is located in LOCKS HEATH, in the SO31 postcode district.