1, LARCHES GARDENS, FAREHAM, PO15 5LR - £485,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 LARCHES GARDENS is a large detached house of 129m², built sometime between 1983 and 1990. It was last sold for £485,000 in January 2023, which was around 14% below the average January 2023 detached price in the Fareham local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

1 LARCHES GARDENS Sold Prices

Land registry data shows two sales for 1 LARCHES GARDENS 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 LARCHES GARDENS 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
2023 17 JAN	£485,000	£566,972	14% below HPI
1996 18 JUL	£92,500	£105,682	12% below HPI

1 LARCHES GARDENS 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 LARCHES GARDENS sales from July 1996 and January 2023 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 July 1996 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the January 2023 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 1 LARCHES GARDENS?

1 LARCHES GARDENS is 129m² according to the EPC inspection conducted in September 2022. This puts it in the largest 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 1 LARCHES GARDENS lies on this distribution: 61% of detached houses are smaller than 1 LARCHES GARDENS, and 38% of houses are larger. Note that EPC data is not available for all properties in Fareham.

1 LARCHES GARDENS: Plot and Title Map

1 LARCHES GARDENS sits on a plot of roughly 0.130 of an acre, or 525m². The below map shows the location of 1 LARCHES GARDENS, 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 LARCHES GARDENS). 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 LARCHES GARDENS?

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