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

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 OLIVE CRESCENT is a very small detached house of 62m², built sometime between 1930 and 1949. 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	£542,003	32% below HPI
2014 12 JUN	£185,000	£344,421	46% 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 46% below the HPI. So the extrapolation line tracks at 46% 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.

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 in Portsmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Portsmouth, and where 1 OLIVE CRESCENT lies on this distribution: 4% of detached 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.