55, INVERNESS AVENUE, FAREHAM, PO15 6AS - £390,000

55 INVERNESS AVENUE is a midsized detached house of 111m², built sometime between 1976 and 1982. It was last sold for £390,000 in March 2021, which was around 18% below the average March 2021 detached price in the Fareham local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

55 INVERNESS AVENUE Sold Prices

Land registry data shows two sales for 55 INVERNESS 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 55 INVERNESS 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
2021 23 MAR	£390,000	£477,603	18% below HPI
1996 17 DEC	£92,000	£108,060	15% below HPI

55 INVERNESS 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 55 INVERNESS AVENUE sales from December 1996 and March 2021 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 December 1996 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the March 2021 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 55 INVERNESS AVENUE?

55 INVERNESS AVENUE is 111m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 50% of detached houses in Fareham, based on EPC data. The below chart shows the distribution of detached houses by size in Fareham, and where 55 INVERNESS AVENUE lies on this distribution: 45% of detached houses are smaller than 55 INVERNESS AVENUE, and 54% of houses are larger. Note that EPC data is not available for all properties in Fareham.

55 INVERNESS AVENUE: Plot and Title Map

55 INVERNESS AVENUE sits on a plot of roughly 0.111 of an acre, or 448m². The below map shows the location of 55 INVERNESS 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 55 INVERNESS 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 55 INVERNESS AVENUE?

55 INVERNESS AVENUE is located in FAREHAM, in the PO15 postcode district. The below map shows the position of No. 55 on INVERNESS AVENUE.