1, DEER LEAP, FAREHAM, PO15 6TP - £390,000

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.

1 DEER LEAP is a very small extended detached house of 99m², built sometime between 1996 and 2002, which could now be worth an estimated £441,057. It was last sold for £390,000 in May 2021, which was around 20% below the average May 2021 detached price in the Fareham local authority area. The most recent EPC inspection was February 2021, where the current energy rating was C, and the potential energy rating was B.

1 DEER LEAP Sold Prices

Land registry data shows two sales for 1 DEER LEAP 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 1 DEER LEAP 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 21 MAY	£390,000	£488,266	20% below HPI
2000 19 MAY	£154,950	£162,733	5% below HPI

1 DEER LEAP 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 1 DEER LEAP sales from May 2000 and May 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 May 2000 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the May 2021 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 1 DEER LEAP be worth now?

1 DEER LEAP might now be worth an estimated £441,057.

This is based on house price inflation of 13.1%, between May 2021 and February 2025, 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 13.1% inflationary increase is applied to the most recent sale price for 1 DEER LEAP of £390,000 on 21st May 2021. For the value to have increased from £390,000 to £441,057 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 1 DEER LEAP has moved in line with the HPI for detached houses in the Fareham local authority area.
• The May 2021 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 1 DEER LEAP has not materially changed since May 2021.

How Large is 1 DEER LEAP?

1 DEER LEAP is 99m², which includes one extension, according to the EPC inspection conducted in February 2021. This puts it in the smallest 20% of detached houses houses in Funtley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Funtley, and where 1 DEER LEAP lies on this distribution: 19% of detached houses houses are smaller than 1 DEER LEAP, and 81% of houses are larger. Note that EPC data is not available for all properties in Funtley.

1 DEER LEAP: Plot and Title Map

1 DEER LEAP sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 1 DEER LEAP, 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 1 DEER LEAP). 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 1 DEER LEAP?

1 DEER LEAP is located in FAREHAM, in the PO15 postcode district. The below map shows the position of No. 1 on DEER LEAP.