9, MONARCH CLOSE, LOCKS HEATH, SOUTHAMPTON, SO31 6UG - £280,000

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.

9 MONARCH CLOSE is a small extended semi-detached house of 68m², built sometime between 1983 and 1990, which could now be worth an estimated £313,408. It was last sold for £280,000 in June 2021, which was around 7% below the average June 2021 semi-detached price in the Fareham local authority area. The most recent EPC inspection was February 2021, where the current energy rating was D, and the potential energy rating was B.

9 MONARCH CLOSE Sold Prices

Land registry data shows one sale for 9 MONARCH CLOSE 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 29 JUN	£280,000	£301,469	7% below HPI

What might 9 MONARCH CLOSE be worth now?

9 MONARCH CLOSE might now be worth an estimated £313,408.

This is based on house price inflation of 11.9%, between June 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 11.9% inflationary increase is applied to the most recent sale price for 9 MONARCH CLOSE of £280,000 on 29th June 2021. For the value to have increased from £280,000 to £313,408 over the five years and one month to May 2026, the following assumptions must hold true:

• The value of 9 MONARCH CLOSE has moved in line with the HPI for semi-detached houses in the Fareham local authority area.
• The June 2021 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 9 MONARCH CLOSE has not materially changed since June 2021.

How Large is 9 MONARCH CLOSE?

9 MONARCH CLOSE is 68m², which includes one extension, according to the EPC inspection conducted in February 2021. This puts it in the smallest 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 9 MONARCH CLOSE lies on this distribution: 21% of semi-detached houses are smaller than 9 MONARCH CLOSE, and 77% of semi-detached houses are larger. Note that EPC data is not available for all properties in Locks Heath.

9 MONARCH CLOSE: Plot

9 MONARCH CLOSE sits on a plot of roughly 0.042 of an acre, or 171m².

Where is 9 MONARCH CLOSE?

9 MONARCH CLOSE is located in LOCKS HEATH, in the SO31 postcode district.