5, CARDINAL WAY, LOCKS HEATH, SOUTHAMPTON, SO31 6RT - £166,250

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.

5 CARDINAL WAY is a small extended detached house of 110m², built sometime between 1976 and 1982, which could now be worth an estimated £495,680. It was last sold for £166,250 in May 2001, which was around 9% below the average May 2001 detached price in the Fareham local authority area. The most recent EPC inspection was June 2013, where the current energy rating was B, and the potential energy rating was B.

5 CARDINAL WAY Sold Prices

Land registry data shows one sale for 5 CARDINAL WAY since 1^st January 1995. The below table shows the price paid for the one sale, along with the average 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
2001 18 MAY	£166,250	£182,551	9% below HPI

What might 5 CARDINAL WAY be worth now?

5 CARDINAL WAY might now be worth an estimated £495,680.

This is based on house price inflation of 198.2%, between May 2001 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 198.2% inflationary increase is applied to the most recent sale price for 5 CARDINAL WAY of £166,250 on 18th May 2001. For the value to have increased from £166,250 to £495,680 over the 25 years to May 2026, the following assumptions must hold true:

• The value of 5 CARDINAL WAY has moved in line with the HPI for detached houses in the Fareham local authority area.
• The May 2001 sale price of £166,250 represented a fair market value for the property.
• The size, condition, and specification of 5 CARDINAL WAY has not materially changed since May 2001.

How Large is 5 CARDINAL WAY?

5 CARDINAL WAY is 110m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the smallest 40% of detached houses in Titchfield Common, based on EPC data. The below chart shows the distribution of detached houses by size in Titchfield Common, and where 5 CARDINAL WAY lies on this distribution: 33% of detached houses are smaller than 5 CARDINAL WAY, and 67% of detached houses are larger. Note that EPC data is not available for all properties in Titchfield Common.

5 CARDINAL WAY: Plot

5 CARDINAL WAY sits on a plot of roughly 0.084 of an acre, or 339m².

Where is 5 CARDINAL WAY?

5 CARDINAL WAY is located in LOCKS HEATH, in the SO31 postcode district.