Sold STC End of terrace

11 ROWE ASHE WAY

SOUTHAMPTON, LOCKS HEATH, HAMPSHIRE SO31 7EY

3 beds 1 baths 1,281 sq ft Listed 7 Nov 2023 (-949d)

£465,000

Offers in Excess of

Reduced on 26 Dec 2023

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# 3 bedroom end of terrace house for sale (SO31 7EY)

## Property Details

| Key | Value |
|-----|-------|
| Address | 11 ROWE ASHE WAY, SOUTHAMPTON, LOCKS HEATH, HAMPSHIRE SO31 7EY |
| Price | £465,000 |
| Bedrooms | 3 |
| Bathrooms | 1 |
| Council tax | TBC |
| Floor area | 119 m² |
| Last sold | £467,500 Nov 2024 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** C
- **Expiry date:** 15/01/2033
- **Current heating cost:** £708/year
- **Est. upgrade cost to C:** £10,523

### Recommendations
- W1 (£800 - £1,200)
- C (£15 - £30)
- N (£4,000 - £6,000)
- U (£3,500 - £5,500)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/9664-3023-4209-0567-2200)

## Description

Set on a plot of almost half an acre, this unique home is a gardeners dream!

Located in the ever popular location of Locks Heath, this home is within close proximity of local well-regarded schools and the Locks Heath Centre which benefits from local shops and important amenities including Waitrose and doctors surgery.

The current owners have made this garden a secluded and relaxing haven, enclosed by shrubs and trees and benefiting several ponds with a bridge through the middle.

To the front of the house is parking for several cars, with a garage and shed to the side.

The house itself offers spacious rooms over two floors, all maintained to a high standard. On the ground floor is a modern kitchen, living room, separate dining room, conservatory and WC. On the first floor are three double bedrooms, family bathroom featuring four-piece suite and a loft room accessible via bedroom two.

This fabulous home is an extremely rare find in this location and must be viewed to be appreciated!

## Property Photos

- ![Front](/listings/photos/141763274/485091) - Front
- ![Kitchen](/listings/photos/141763274/485092) - Kitchen
- ![Kitchen](/listings/photos/141763274/485093) - Kitchen
- ![Dining Room](/listings/photos/141763274/485094) - Dining Room
- ![Living Room](/listings/photos/141763274/485095) - Living Room
- ![Conservatory](/listings/photos/141763274/485096) - Conservatory
- ![Conservatory](/listings/photos/141763274/485097) - Conservatory
- ![Garden](/listings/photos/141763274/485098) - Garden
- ![Garden](/listings/photos/141763274/485099) - Garden
- ![Garden](/listings/photos/141763274/485100) - Garden
- ![Garden](/listings/photos/141763274/485101) - Garden
- ![Garden](/listings/photos/141763274/485102) - Garden
- ![Bedroom](/listings/photos/141763274/485103) - Bedroom
- ![Bathroom](/listings/photos/141763274/485104) - Bathroom
- ![Bedroom](/listings/photos/141763274/485105) - Bedroom
- ![Bedroom](/listings/photos/141763274/485106) - Bedroom
- ![Front](/listings/photos/141763274/485107) - Front

## Floorplans

- ![FLOOR-PLAN](/listings/photos/141763274/485108) - FLOOR-PLAN

## EPC Graphs

- ![EPC Rating Graph](/listings/photos/141763274/485109) - EPC Rating Graph

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 11 ROWE ASHE WAY, LOCKS HEATH, SOUTHAMPTON, FAREHAM, HAMPSHIRE, SO31 7EY | £467,500 | 05/11/2024 | Terraced |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 22 TWIGGS END CLOSE, LOCKS HEATH, SOUTHAMPTON, FAREHAM, HAMPSHIRE, SO31 7ET | £385,000 | 27/09/2023 | Terraced |
| 29 HEATH ROAD NORTH, LOCKS HEATH, SOUTHAMPTON, FAREHAM, HAMPSHIRE, SO31 7PN | £360,000 | 01/11/2022 | Terraced |
| [Same street] 2 ROWE ASHE WAY, LOCKS HEATH, SOUTHAMPTON, FAREHAM, HAMPSHIRE, SO31 7EY | £330,000 | 06/05/2022 | Terraced |
| 21 NATHANIEL CLOSE, SARISBURY GREEN, SOUTHAMPTON, FAREHAM, HAMPSHIRE, SO31 7NT | £276,000 | 30/06/2021 | Terraced |

**Street average:** £330,000 (1 sale)
**Area average:** £340,333 (3 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £303,641 (41 Terraced, SO31, 2024–2026)
- **Deviation:** +53.1%

## Rental Range

*ONS Price Index of Private Rents (Fareham). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,088/mo
- **Realistic:** £1,209/mo
- **Optimistic:** £1,330/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Southampton (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £1,072/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 3 Bed End Terrace, Drake Close, SO31 | £1,450/mo | 3 | 0.61 miles | OpenRent |
| 3 Bed Semi-Detached House, Winnards Park, SO31 | £1,500/mo | 3 | 0.62 miles | OpenRent |
| 3 Bed Semi-Detached House, The Chantry, PO14 | £650/mo | 3 | 1.04 miles | OpenRent |

**Average rent: £1,200/mo (3 listings)**

## 1% Rule

- **Rent ratio:** 0.31% (weak for cashflow)
- **Max investor price (0.8%):** £181,250
- **Target investor price (1%):** £145,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,450/mo).*

- **Gross yield:** 3.7%
- **Cost-to-rent:** 26.7×
- **Monthly cashflow:** £-551/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -4.9%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Price per Square Metre

- **£/m²:** £3,908/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 7%
- **10y growth:** 2.1%

## House Price Index (HM Land Registry)

*Official index for Fareham; Terraced series; as of March 2026.*

- **1y growth (index):** 2.3%
- **5y growth (index):** 15.8%
- **10y growth (index):** 39.2%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

Front Kitchen Kitchen Dining Room Living Room Conservatory Conservatory Garden Garden Garden Garden Garden Bedroom Bathroom Bedroom Bedroom Front

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Property details

Tenure

FREEHOLD

Floor area

119 m²

Council tax band

TBC

EPC rating

Last sold

£467,500 Nov 2024

Price per m²

£3,908/m²

Local average

£303,641 (+53.1%)

Deprivation

Decile 8 (26,326 of 33,755)

Street crime

91 incidents within 1 mile (Apr 2026)

Key features

LARGE PLOT APPROACHING 1/2 ACRE
THREE DOUBLE BEDROOMS
GARAGE
PARKING
POPULAR SARISBURY GREEN LOCATION
POTENTIAL TO EXTEND (STPP)

Additional details

Parking: Yes
Garden: Yes

Description

Set on a plot of almost half an acre, this unique home is a gardeners dream!

Located in the ever popular location of Locks Heath, this home is within close proximity of local well-regarded schools and the Locks Heath Centre which benefits from local shops and important amenities including Waitrose and doctors surgery.
The current owners have made this garden a secluded and relaxing haven, enclosed by shrubs and trees and benefiting several ponds with a bridge through the middle.

To the front of the house is parking for several cars, with a garage and shed to the side.

The house itself offers spacious rooms over two floors, all maintained to a high standard. On the ground floor is a modern kitchen, living room, separate dining room, conservatory and WC. On the first floor are three double bedrooms, family bathroom featuring four-piece suite and a loft room accessible via bedroom two.

This fabulous home is an extremely rare find in this location and must be viewed to be appreciated!

Listed by

Locks Heath

Countrywide UK Sales - Connells

Reference: 141763274

EPC Rating & Upgrade Cost

Current rating: D

Potential rating: C

Inspection date: 16/01/2023

Expiry date: 15/01/2033

Current heating cost: £708/year

Potential heating cost: £683/year

Est. upgrade cost to C: £10,523

EPC D or below may face future regulation risk. Upgrading to C could improve long-term ROI.

Recommendations

Floor insulation (suspended floor) (£800 - £1,200)
Increase hot water cylinder insulation (£15 - £30)
Solar water heating (£4,000 - £6,000)
Solar photovoltaic panels, 2.5 kWp (£3,500 - £5,500)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

FLOOR-PLAN

EPC Graphs

EPC Rating Graph

Price history

Event	Date	Price	% change
Sold	05/11/2024 (1 year ago)	£467,500	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
22 TWIGGS END CLOSE, LOCKS HEATH, SOUTHAMPTON, FAREHAM, HAMPSHIRE, SO31 7ET	£385,000	27/09/2023	Terraced
29 HEATH ROAD NORTH, LOCKS HEATH, SOUTHAMPTON, FAREHAM, HAMPSHIRE, SO31 7PN	£360,000	01/11/2022	Terraced
Same street 2 ROWE ASHE WAY, LOCKS HEATH, SOUTHAMPTON, FAREHAM, HAMPSHIRE, SO31 7EY	£330,000	06/05/2022	Terraced
21 NATHANIEL CLOSE, SARISBURY GREEN, SOUTHAMPTON, FAREHAM, HAMPSHIRE, SO31 7NT	£276,000	30/06/2021	Terraced

Street average: £330,000 (1 sale)

Area average: £340,333 (3 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 7%

10y growth 2.1%

House Price Index (HM Land Registry — official index, not sold-price averages): Fareham. Series: Terraced. As of March 2026.

1y (index) 2.3%

5y (index) 15.8%

10y (index) 39.2%

Rental Range

Estimated market rent for Fareham. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,088/mo

Realistic £1,209/mo

Optimistic £1,330/mo

Based on Local Authority from postcode lookup → Fareham.

LHA (30th percentile) floor for Southampton: £1,072/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View SO31 7EY

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Shop	Soothills	0.2 miles
Shop	Alexander Hadleigh Wine Merchants and Importers Ltd	0.2 miles
Bus stop	Unknown	0.2 miles
Bus stop	Brookfield Community School	0.2 miles
Train station	Swanwick	1.0 miles
Train station	Bursledon	1.8 miles
Hospital	Royal South Hants Urgent Treatment Centre	6.1 miles
Hospital	Forton Medical Centre	7.4 miles
University	Boldrewood Innovation Campus	7.5 miles
University	South Academic Block	8.3 miles

Street-level crime

Category	Count
Violence and sexual offences	32
Shoplifting	14
Anti-social behaviour	13
Public order	9
Criminal damage and arson	6
Vehicle crime	5
Burglary	4
Other crime	3
Other theft	3
Bicycle theft	1
Drugs	1
Total incidents	91

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
Brookfield Community School	Secondary	0.3 miles	Good — 15 Nov 2010
King's Academy Lord Wilson	Other	0.4 miles	Good — 19 Sep 2023
Sarisbury Infant School	Primary	0.4 miles	Good — 30 Mar 2023
Park Gate Primary School	Primary	0.6 miles	Good — 3 Nov 2017
Sarisbury Church of England Junior School	Primary	0.7 miles	Outstanding — 10 Sep 2019

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title	Rent	Beds	Distance	As seen on
3 Bed End Terrace, Drake Close, SO31	£1,450/mo	3	0.61 miles	OpenRent
3 Bed Semi-Detached House, Winnards Park, SO31	£1,500/mo	3	0.62 miles	OpenRent
3 Bed Semi-Detached House, The Chantry, PO14	£650/mo	3	1.04 miles	OpenRent

Average rent: £1,200/mo (3 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.31%

Max investor price (0.8%) £181,250

Target investor price (1%) £145,000

Gross yield 3.7%

Cost-to-rent ratio 26.7×

Monthly cashflow £-551/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI -4.9%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).