2, MONARCH CLOSE, LOCKS HEATH, SOUTHAMPTON, SO31 6UG - £117,000

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.

2 MONARCH CLOSE is a detached house, which could now be worth an estimated £458,186. It was last sold for £117,000 in July 1999, which was around 16% below the average July 1999 detached price in the Fareham local authority area.

2 MONARCH CLOSE Sold Prices

Land registry data shows one sale for 2 MONARCH 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
1999 23 JUL	£117,000	£138,985	16% below HPI

What might 2 MONARCH CLOSE be worth now?

2 MONARCH CLOSE might now be worth an estimated £458,186.

This is based on house price inflation of 291.6%, between July 1999 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 291.6% inflationary increase is applied to the most recent sale price for 2 MONARCH CLOSE of £117,000 on 23rd July 1999. For the value to have increased from £117,000 to £458,186 over the 27 years and two months to May 2026, the following assumptions must hold true:

• The value of 2 MONARCH CLOSE has moved in line with the HPI for detached houses in the Fareham local authority area.
• The July 1999 sale price of £117,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MONARCH CLOSE has not materially changed since July 1999.

Where is 2 MONARCH CLOSE?

2 MONARCH CLOSE is located in LOCKS HEATH, in the SO31 postcode district.