1, MINSTER CLOSE, FAREHAM, PO15 5PB - £315,000

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 MINSTER CLOSE is a midsized extended detached house of 111m², built sometime between 1991 and 1995. It was last sold for £315,000 in October 2013, which was around 4% below the average October 2013 detached price in the Fareham local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

1 MINSTER CLOSE Sold Prices

Land registry data shows two sales for 1 MINSTER CLOSE 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 MINSTER CLOSE 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
2013 22 OCT	£315,000	£329,173	4% below HPI
1999 10 SEP	£129,950	£142,940	9% below HPI

1 MINSTER 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 two 1 MINSTER CLOSE sales from September 1999 and October 2013 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 September 1999 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the October 2013 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 1 MINSTER CLOSE?

1 MINSTER CLOSE is 111m², which includes one extension, according to the EPC inspection conducted in June 2013. 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 1 MINSTER CLOSE lies on this distribution: 45% of detached houses are smaller than 1 MINSTER CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Fareham.

1 MINSTER CLOSE: Plot and Title Map

1 MINSTER CLOSE sits on a plot of roughly 0.120 of an acre, or 486m². The below map shows the location of 1 MINSTER 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 MINSTER 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 MINSTER CLOSE?

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