1, OLIVE CRESCENT, FAREHAM, PO16 9NU - £370,000

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 OLIVE CRESCENT is a very small detached house of 62m², built sometime between 1930 and 1949, which could now be worth an estimated £373,474. It was last sold for £370,000 in March 2022, which was around 32% below the average March 2022 detached price in the Fareham local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.

1 OLIVE CRESCENT Sold Prices

Land registry data shows two sales for 1 OLIVE CRESCENT 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 OLIVE CRESCENT 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
2022 10 MAR	£370,000	£547,050	32% below HPI
2014 12 JUN	£185,000	£347,628	47% below HPI

1 OLIVE CRESCENT 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 OLIVE CRESCENT sales from June 2014 and March 2022 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 June 2014 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the March 2022 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 1 OLIVE CRESCENT be worth now?

1 OLIVE CRESCENT might now be worth an estimated £373,474.

This is based on house price inflation of 0.9%, between March 2022 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 0.9% inflationary increase is applied to the most recent sale price for 1 OLIVE CRESCENT of £370,000 on 10th March 2022. For the value to have increased from £370,000 to £373,474 over the three years and one month to February 2025, the following assumptions must hold true:

• The value of 1 OLIVE CRESCENT has moved in line with the HPI for detached houses in the Fareham local authority area.
• The March 2022 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 1 OLIVE CRESCENT has not materially changed since March 2022.

How Large is 1 OLIVE CRESCENT?

1 OLIVE CRESCENT is 62m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 10% of detached houses houses in Portsmouth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Portsmouth, and where 1 OLIVE CRESCENT lies on this distribution: 4% of detached houses houses are smaller than 1 OLIVE CRESCENT, and 96% of houses are larger. Note that EPC data is not available for all properties in Portsmouth.

1 OLIVE CRESCENT: Plot and Title Map

1 OLIVE CRESCENT sits on a plot of roughly 0.083 of an acre, or 334m². The below map shows the location of 1 OLIVE CRESCENT, 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 OLIVE CRESCENT). 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 OLIVE CRESCENT?

1 OLIVE CRESCENT is located in FAREHAM, in the PO16 postcode district. The below map shows the position of No. 1 on OLIVE CRESCENT.