1, DISCOVERY CLOSE, FAREHAM, PO14 3NZ - £220,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 DISCOVERY CLOSE is a large extended detached house of 138m², built sometime between 1983 and 1990. It was last sold for £220,000 in September 2000, which was around 22% above the average September 2000 detached price in the Fareham local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was C.

1 DISCOVERY CLOSE Sold Prices

Land registry data shows three sales for 1 DISCOVERY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. All of the three 1 DISCOVERY CLOSE sales were for above 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
2000 5 SEP	£220,000	£179,965	22% above HPI
1999 18 OCT	£185,000	£142,829	30% above HPI
1997 24 MAR	£145,000	£112,530	29% above HPI

1 DISCOVERY CLOSE 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 three 1 DISCOVERY CLOSE sales between March 1997 and September 2000 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 October 1999 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the September 2000 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 1 DISCOVERY CLOSE?

1 DISCOVERY CLOSE is 138m², which includes one extension, according to the EPC inspection conducted in April 2014. This puts it in the largest 30% of detached houses in Stubbington, based on EPC data. The below chart shows the distribution of detached houses by size in Stubbington, and where 1 DISCOVERY CLOSE lies on this distribution: 74% of detached houses are smaller than 1 DISCOVERY CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Stubbington.

1 DISCOVERY CLOSE: Plot and Title Map

1 DISCOVERY CLOSE sits on a plot of roughly 0.136 of an acre, or 551m². The below map shows the location of 1 DISCOVERY CLOSE, 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 DISCOVERY CLOSE). 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 DISCOVERY CLOSE?

1 DISCOVERY CLOSE is located in FAREHAM, in the PO14 postcode district. The below map shows the position of No. 1 on DISCOVERY CLOSE.