5, RICHARDS CLOSE, LOCKS HEATH, SOUTHAMPTON, SO31 6LN - £214,950

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 RICHARDS CLOSE is a semi-detached house, which could now be worth an estimated £383,780. It was last sold for £214,950 in November 2006, which was around 14% above the average November 2006 semi-detached price in the Fareham local authority area.

5 RICHARDS CLOSE Sold Prices

Land registry data shows three sales for 5 RICHARDS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Fareham local authority area for the corresponding sale date. All of the three 5 RICHARDS CLOSE 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
2006 3 NOV	£214,950	£188,995	14% above HPI
2003 18 AUG	£177,000	£162,797	9% above HPI
1997 10 JUN	£81,000	£68,624	18% above HPI

What might 5 RICHARDS CLOSE be worth now?

5 RICHARDS CLOSE might now be worth an estimated £383,780.

This is based on house price inflation of 78.5%, between November 2006 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 78.5% inflationary increase is applied to the most recent sale price for 5 RICHARDS CLOSE of £214,950 on 3rd November 2006. For the value to have increased from £214,950 to £383,780 over the twenty years and six months to May 2026, the following assumptions must hold true:

• The value of 5 RICHARDS CLOSE has moved in line with the HPI for semi-detached houses in the Fareham local authority area.
• The November 2006 sale price of £214,950 represented a fair market value for the property.
• The size, condition, and specification of 5 RICHARDS CLOSE has not materially changed since November 2006.

Where is 5 RICHARDS CLOSE?

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