56, LOCKS ROAD, LOCKS HEATH, SOUTHAMPTON, SO31 6NR - £325,000

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.

56 LOCKS ROAD is a large extended semi-detached house of 103m², built sometime between 1930 and 1949, which could now be worth an estimated £368,978. It was last sold for £325,000 in May 2021, which was around 9% above the average May 2021 semi-detached price in the Fareham local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.

56 LOCKS ROAD Sold Prices

Land registry data shows one sale for 56 LOCKS ROAD 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
2021 4 MAY	£325,000	£297,220	9% above HPI

What might 56 LOCKS ROAD be worth now?

56 LOCKS ROAD might now be worth an estimated £368,978.

This is based on house price inflation of 13.5%, between May 2021 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 13.5% inflationary increase is applied to the most recent sale price for 56 LOCKS ROAD of £325,000 on 4th May 2021. For the value to have increased from £325,000 to £368,978 over the five years to May 2026, the following assumptions must hold true:

• The value of 56 LOCKS ROAD has moved in line with the HPI for semi-detached houses in the Fareham local authority area.
• The May 2021 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 56 LOCKS ROAD has not materially changed since May 2021.

How Large is 56 LOCKS ROAD?

56 LOCKS ROAD is 103m², which includes two extensions, according to the EPC inspection conducted in September 2020. This puts it in the largest 30% 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 56 LOCKS ROAD lies on this distribution: 77% of semi-detached houses are smaller than 56 LOCKS ROAD, and 22% of semi-detached houses are larger. Note that EPC data is not available for all properties in Locks Heath.

56 LOCKS ROAD: Plot

56 LOCKS ROAD sits on a plot of roughly 0.074 of an acre, or 301m².

Where is 56 LOCKS ROAD?

56 LOCKS ROAD is located in LOCKS HEATH, in the SO31 postcode district.