24, RICHARDS CLOSE, LOCKS HEATH, SOUTHAMPTON, SO31 6LN - £367,000

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 RICHARDS CLOSE is a very large extended semi-detached house of 118m², built sometime between 1950 and 1966, which could now be worth an estimated £371,658. It was last sold for £367,000 in November 2023, which was around 10% above the average November 2023 semi-detached price in the Fareham local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was C.

24 RICHARDS CLOSE Sold Prices

Land registry data shows one sale for 24 RICHARDS CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-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
2023 1 NOV	£367,000	£333,210	10% above HPI

What might 24 RICHARDS CLOSE be worth now?

24 RICHARDS CLOSE might now be worth an estimated £371,658.

This is based on house price inflation of 1.3%, between November 2023 and May 2026, for semi-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 1.3% inflationary increase is applied to the most recent sale price for 24 RICHARDS CLOSE of £367,000 on 1st November 2023. For the value to have increased from £367,000 to £371,658 over the three years and six months to May 2026, the following assumptions must hold true:

• The value of 24 RICHARDS CLOSE has moved in line with the HPI for semi-detached houses in the Fareham local authority area.
• The November 2023 sale price of £367,000 represented a fair market value for the property.
• The size, condition, and specification of 24 RICHARDS CLOSE has not materially changed since November 2023.

How Large is 24 RICHARDS CLOSE?

24 RICHARDS CLOSE is 118m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the largest 20% of semi-detached houses in Locks Heath, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Locks Heath, and where 24 RICHARDS CLOSE lies on this distribution: 88% of semi-detached houses are smaller than 24 RICHARDS CLOSE, and 12% of semi-detached houses are larger. Note that EPC data is not available for all properties in Locks Heath.

24 RICHARDS CLOSE: Plot

24 RICHARDS CLOSE sits on a plot of roughly 0.081 of an acre, or 329m².

Where is 24 RICHARDS CLOSE?

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