7, PHOENIX DRIVE, WARSASH, SOUTHAMPTON, SO31 9LR - £550,000

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.

7 PHOENIX DRIVE is a midsized detached house of 120m², built in 2022, which could now be worth an estimated £527,951. It was last sold for £550,000 in July 2023, which was around 3% below the average July 2023 detached price in the Fareham local authority area. The most recent EPC inspection was July 2023, where the current energy rating was B, and the potential energy rating was A.

7 PHOENIX DRIVE Sold Prices

Land registry data shows one sale for 7 PHOENIX DRIVE 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
2023 31 JUL	£550,000	£567,013	3% below HPI

What might 7 PHOENIX DRIVE be worth now?

7 PHOENIX DRIVE might now be worth an estimated £527,951.

This is based on house price deflation of 4%, between July 2023 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 4% deflationary decrease is applied to the most recent sale price for 7 PHOENIX DRIVE of £550,000 on 31st July 2023. For the value to have decreased from £550,000 to £527,951 over the three years and two months to May 2026, the following assumptions must hold true:

• The value of 7 PHOENIX DRIVE has moved in line with the HPI for detached houses in the Fareham local authority area.
• The July 2023 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of 7 PHOENIX DRIVE has not materially changed since July 2023.

How Large is 7 PHOENIX DRIVE?

7 PHOENIX DRIVE is 120m² according to the EPC inspection conducted in July 2023. This puts it in the smallest 50% of detached houses in Warsash, based on EPC data. The below chart shows the distribution of detached houses by size in Warsash, and where 7 PHOENIX DRIVE lies on this distribution: 48% of detached houses are smaller than 7 PHOENIX DRIVE, and 51% of detached houses are larger. Note that EPC data is not available for all properties in Warsash.

Where is 7 PHOENIX DRIVE?

7 PHOENIX DRIVE is located in WARSASH, in the SO31 postcode district.