1, ORME COURT, FAREHAM, PO16 7DL - £340,000

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 ORME COURT is a small detached house of 91m², built sometime between 2003 and 2006, which could now be worth an estimated £330,918. It was last sold for £340,000 in February 2023, which was around 40% below the average February 2023 detached price in the Fareham local authority area. The most recent EPC inspection was July 2016, where the current energy rating was C, and the potential energy rating was B.

1 ORME COURT Sold Prices

Land registry data shows five sales for 1 ORME COURT since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. All of the five 1 ORME COURT 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 FEB	£340,000	£567,341	40% below HPI
2019 11 OCT	£258,000	£453,398	43% below HPI
2018 11 APR	£240,000	£449,408	47% below HPI
2017 16 JAN	£247,000	£431,232	43% below HPI
2007 29 NOV	£189,950	£330,397	43% below HPI

1 ORME COURT 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 five 1 ORME COURT sales between November 2007 and February 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 October 2019 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the February 2023 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 1 ORME COURT be worth now?

1 ORME COURT might now be worth an estimated £330,918.

This is based on house price deflation of 2.7%, between February 2023 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 2.7% deflationary decrease is applied to the most recent sale price for 1 ORME COURT of £340,000 on 17th February 2023. For the value to have decreased from £340,000 to £330,918 over the two years to February 2025, the following assumptions must hold true:

• The value of 1 ORME COURT has moved in line with the HPI for detached houses in the Fareham local authority area.
• The February 2023 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 1 ORME COURT has not materially changed since February 2023.

How Large is 1 ORME COURT?

1 ORME COURT is 91m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 30% of detached houses houses in Fareham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fareham, and where 1 ORME COURT lies on this distribution: 25% of detached houses houses are smaller than 1 ORME COURT, and 74% of houses are larger. Note that EPC data is not available for all properties in Fareham.

1 ORME COURT: Plot and Title Map

1 ORME COURT sits on a plot of roughly 0.039 of an acre, or 157m². The below map shows the location of 1 ORME COURT, 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 ORME COURT). 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 ORME COURT?

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