2, MALVERN AVENUE, FAREHAM, PO14 1QE - £258,000

2 MALVERN AVENUE is a small extended detached house of 96m², built sometime between 1967 and 1975. It was last sold for £258,000 in February 2017, which was around 40% below the average February 2017 detached price in the Fareham local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was C.

2 MALVERN AVENUE Sold Prices

Land registry data shows two sales for 2 MALVERN AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. Both of the two 2 MALVERN AVENUE sales were for below 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
2017 8 FEB	£258,000	£426,559	40% below HPI
2003 29 MAY	£152,000	£264,222	42% below HPI

2 MALVERN AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Fareham local authority area over time, sourced from the HPI. The two 2 MALVERN AVENUE sales from May 2003 and February 2017 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 2003 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the February 2017 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 2 MALVERN AVENUE?

2 MALVERN AVENUE is 96m², which includes one extension, according to the EPC inspection conducted in August 2010. This puts it in the smallest 40% of detached houses in Fareham, based on EPC data. The below chart shows the distribution of detached houses by size in Fareham, and where 2 MALVERN AVENUE lies on this distribution: 30% of detached houses are smaller than 2 MALVERN AVENUE, and 70% of houses are larger. Note that EPC data is not available for all properties in Fareham.

2 MALVERN AVENUE: Plot and Title Map

2 MALVERN AVENUE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 2 MALVERN AVENUE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 2 MALVERN AVENUE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 2 MALVERN AVENUE?

2 MALVERN AVENUE is located in FAREHAM, in the PO14 postcode district. The below map shows the position of No. 2 on MALVERN AVENUE.