3, FIRECRACKER DRIVE, LOCKS HEATH, SOUTHAMPTON, SO31 6BW - £255,000

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.

3 FIRECRACKER DRIVE is a very large flat of 74m², built in 2014, which could now be worth an estimated £236,241. It was last sold for £255,000 in April 2022, which was around 52% above the average April 2022 flat price in the Fareham local authority area. The most recent EPC inspection was April 2017, where the current energy rating was B, and the potential energy rating was B.

3 FIRECRACKER DRIVE Sold Prices

Land registry data shows two sales for 3 FIRECRACKER DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Fareham local authority area for the corresponding sale date. Both of the two 3 FIRECRACKER DRIVE 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
2022 29 APR	£255,000	£167,747	52% above HPI
2017 26 MAY	£232,100	£146,291	59% above HPI

What might 3 FIRECRACKER DRIVE be worth now?

3 FIRECRACKER DRIVE might now be worth an estimated £236,241.

This is based on house price deflation of 7.4%, between April 2022 and April 2026, for flats, in the Fareham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7.4% deflationary decrease is applied to the most recent sale price for 3 FIRECRACKER DRIVE of £255,000 on 29th April 2022. For the value to have decreased from £255,000 to £236,241 over the four years to April 2026, the following assumptions must hold true:

• The value of 3 FIRECRACKER DRIVE has moved in line with the HPI for flats in the Fareham local authority area.
• The April 2022 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 3 FIRECRACKER DRIVE has not materially changed since April 2022.

How Large is 3 FIRECRACKER DRIVE?

3 FIRECRACKER DRIVE is 74m² according to the EPC inspection conducted in April 2017. This puts it in the largest 20% of flats in Warsash, based on EPC data. 87% of flats are smaller than 3 FIRECRACKER DRIVE, and 10% of flats are larger. Note that EPC data is not available for all properties in Warsash.

3 FIRECRACKER DRIVE: Plot

3 FIRECRACKER DRIVE sits on a plot of roughly 0.025 of an acre, or 103m².

Where is 3 FIRECRACKER DRIVE?

3 FIRECRACKER DRIVE is located in LOCKS HEATH, in the SO31 postcode district.