22, SNOWDROP CLOSE, LOCKS HEATH, SOUTHAMPTON, SO31 6HB - £263,000

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.

22 SNOWDROP CLOSE is a detached house, which could now be worth an estimated £652,361. It was last sold for £263,000 in May 2002, which was around 20% above the average May 2002 detached price in the Fareham local authority area.

22 SNOWDROP CLOSE Sold Prices

Land registry data shows two sales for 22 SNOWDROP CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. Both of the two 22 SNOWDROP CLOSE 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
2002 24 MAY	£263,000	£219,428	20% above HPI
2000 30 JUN	£242,500	£166,127	46% above HPI

What might 22 SNOWDROP CLOSE be worth now?

22 SNOWDROP CLOSE might now be worth an estimated £652,361.

This is based on house price inflation of 148%, between May 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 148% inflationary increase is applied to the most recent sale price for 22 SNOWDROP CLOSE of £263,000 on 24th May 2002. For the value to have increased from £263,000 to £652,361 over the 24 years to May 2026, the following assumptions must hold true:

• The value of 22 SNOWDROP CLOSE has moved in line with the HPI for detached houses in the Fareham local authority area.
• The May 2002 sale price of £263,000 represented a fair market value for the property.
• The size, condition, and specification of 22 SNOWDROP CLOSE has not materially changed since May 2002.

Where is 22 SNOWDROP CLOSE?

22 SNOWDROP CLOSE is located in LOCKS HEATH, in the SO31 postcode district.