6, ELDER CLOSE, LOCKS HEATH, SOUTHAMPTON, SO31 6SB - £115,000

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.

6 ELDER CLOSE is a terraced house, which could now be worth an estimated £336,055. It was last sold for £115,000 in October 2001, which was around 21% above the average October 2001 terraced price in the Fareham local authority area.

6 ELDER CLOSE Sold Prices

Land registry data shows two sales for 6 ELDER CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Fareham local authority area for the corresponding sale date. Both of the two 6 ELDER 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
2001 26 OCT	£115,000	£94,921	21% above HPI
1995 23 MAR	£68,250	£48,280	41% above HPI

What might 6 ELDER CLOSE be worth now?

6 ELDER CLOSE might now be worth an estimated £336,055.

This is based on house price inflation of 192.2%, between October 2001 and April 2026, for terraced 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 192.2% inflationary increase is applied to the most recent sale price for 6 ELDER CLOSE of £115,000 on 26th October 2001. For the value to have increased from £115,000 to £336,055 over the 25 years and six months to April 2026, the following assumptions must hold true:

• The value of 6 ELDER CLOSE has moved in line with the HPI for terraced houses in the Fareham local authority area.
• The October 2001 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of 6 ELDER CLOSE has not materially changed since October 2001.

Where is 6 ELDER CLOSE?

6 ELDER CLOSE is located in LOCKS HEATH, in the SO31 postcode district.