24, LOCKS ROAD, LOCKS HEATH, SOUTHAMPTON, SO31 6NT - £310,000

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.

24 LOCKS ROAD is a large detached house of 138m², built sometime between 1950 and 1966, which could now be worth an estimated £391,268. It was last sold for £310,000 in January 2017, which was around 28% below the average January 2017 detached price in the Fareham local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was C.

24 LOCKS ROAD Sold Prices

Land registry data shows three sales for 24 LOCKS ROAD 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. Two of the three 24 LOCKS ROAD sales were for below the average price, whilst one was 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
2017 30 JAN	£310,000	£431,232	28% below HPI
2017 30 JAN	£510,000	£431,232	18% above HPI
2014 7 NOV	£200,000	£366,702	45% below HPI

What might 24 LOCKS ROAD be worth now?

24 LOCKS ROAD might now be worth an estimated £391,268.

This is based on house price inflation of 26.2%, between January 2017 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 26.2% inflationary increase is applied to the most recent sale price for 24 LOCKS ROAD of £310,000 on 30th January 2017. For the value to have increased from £310,000 to £391,268 over the eight years and eight months to May 2026, the following assumptions must hold true:

• The value of 24 LOCKS ROAD has moved in line with the HPI for detached houses in the Fareham local authority area.
• The January 2017 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 24 LOCKS ROAD has not materially changed since January 2017.

How Large is 24 LOCKS ROAD?

24 LOCKS ROAD is 138m² according to the EPC inspection conducted in February 2014. This puts it in the largest 30% of detached houses in Locks Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Locks Heath, and where 24 LOCKS ROAD lies on this distribution: 74% of detached houses are smaller than 24 LOCKS ROAD, and 26% of detached houses are larger. Note that EPC data is not available for all properties in Locks Heath.

24 LOCKS ROAD: Plot

24 LOCKS ROAD sits on a plot of roughly 0.105 of an acre, or 426m².

Where is 24 LOCKS ROAD?

24 LOCKS ROAD is located in LOCKS HEATH, in the SO31 postcode district.