38, MONARCH CLOSE, LOCKS HEATH, SOUTHAMPTON, SO31 6UG - £66,500

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.

38 MONARCH CLOSE is a semi-detached house, which could now be worth an estimated £334,731. It was last sold for £66,500 in May 1997, which was around 1% below the average May 1997 semi-detached price in the Fareham local authority area.

38 MONARCH CLOSE Sold Prices

Land registry data shows one sale for 38 MONARCH 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
1997 9 MAY	£66,500	£67,038	1% below HPI

What might 38 MONARCH CLOSE be worth now?

38 MONARCH CLOSE might now be worth an estimated £334,731.

This is based on house price inflation of 403.4%, between May 1997 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 403.4% inflationary increase is applied to the most recent sale price for 38 MONARCH CLOSE of £66,500 on 9th May 1997. For the value to have increased from £66,500 to £334,731 over the 29 years to May 2026, the following assumptions must hold true:

• The value of 38 MONARCH CLOSE has moved in line with the HPI for semi-detached houses in the Fareham local authority area.
• The May 1997 sale price of £66,500 represented a fair market value for the property.
• The size, condition, and specification of 38 MONARCH CLOSE has not materially changed since May 1997.

Where is 38 MONARCH CLOSE?

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