1B, LOCKS ROAD, LOCKS HEATH, SOUTHAMPTON, SO31 6NS - £224,950

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.

1B LOCKS ROAD is a terraced house, built sometime between 2003 and 2006, which could now be worth an estimated £408,893. It was last sold for £224,950 in November 2009, which was around 44% above the average November 2009 terraced price in the Fareham local authority area. The most recent EPC inspection was August 2009, where the current energy rating was C, and the potential energy rating was C.

1B LOCKS ROAD Sold Prices

Land registry data shows four sales for 1B LOCKS ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Fareham local authority area for the corresponding sale date. All of the four 1B LOCKS ROAD sales were for above 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
2009 27 NOV	£224,950	£156,754	44% above HPI
2005 28 JAN	£220,000	£147,883	49% above HPI
2003 25 SEP	£249,000	£128,160	94% above HPI
2002 16 AUG	£223,000	£108,019	106% above HPI

1B LOCKS ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Fareham local authority area over time, sourced from the HPI. The four 1B LOCKS ROAD sales between August 2002 and November 2009 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 January 2005 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the November 2009 sale, where it falls to 44% above the HPI. The line then continues to track at 44% above the HPI.

What might 1B LOCKS ROAD be worth now?

1B LOCKS ROAD might now be worth an estimated £408,893.

This is based on house price inflation of 81.8%, between November 2009 and July 2026, 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 81.8% inflationary increase is applied to the most recent sale price for 1B LOCKS ROAD of £224,950 on 27th November 2009. For the value to have increased from £224,950 to £408,893 over the seventeen years and four months to July 2026, the following assumptions must hold true:

• The value of 1B LOCKS ROAD has moved in line with the HPI for terraced houses in the Fareham local authority area.
• The November 2009 sale price of £224,950 represented a fair market value for the property.
• The size, condition, and specification of 1B LOCKS ROAD has not materially changed since November 2009.

1B LOCKS ROAD: Plot and Title Map

1B LOCKS ROAD sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 1B LOCKS ROAD, 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 1B LOCKS ROAD). 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 1B LOCKS ROAD?

1B LOCKS ROAD is located in LOCKS HEATH, in the SO31 postcode district. The below map shows the position of No. 1B on LOCKS ROAD.