1, PARK APPROACH, KNOWLE, FAREHAM, PO17 5LQ - £436,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 PARK APPROACH is a midsized extended detached house of 144m², built sometime between 1996 and 2002, which could now be worth an estimated £574,992. It was last sold for £436,500 in October 2015, which was around 28% below the average October 2015 detached price in the Winchester local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was C.

1 PARK APPROACH Sold Prices

Land registry data shows four sales for 1 PARK APPROACH since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Winchester local authority area for the corresponding sale date. All of the four 1 PARK APPROACH 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
2015 22 OCT	£436,500	£606,724	28% below HPI
2014 19 SEP	£380,000	£572,337	34% below HPI
2007 25 JUL	£372,000	£461,759	19% below HPI
2002 10 MAY	£305,000	£319,309	4% below HPI

1 PARK APPROACH Price Paid vs. HPI Average

The below graph shows the average detached house price in the Winchester local authority area over time, sourced from the HPI. The four 1 PARK APPROACH sales between May 2002 and October 2015 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 2014 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the October 2015 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 1 PARK APPROACH be worth now?

1 PARK APPROACH might now be worth an estimated £574,992.

This is based on house price inflation of 31.7%, between October 2015 and December 2024, for detached houses, in the Winchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 31.7% inflationary increase is applied to the most recent sale price for 1 PARK APPROACH of £436,500 on 22nd October 2015. For the value to have increased from £436,500 to £574,992 over the eight years and ten months to December 2024, the following assumptions must hold true:

• The value of 1 PARK APPROACH has moved in line with the HPI for detached houses in the Winchester local authority area.
• The October 2015 sale price of £436,500 represented a fair market value for the property.
• The size, condition, and specification of 1 PARK APPROACH has not materially changed since October 2015.

How Large is 1 PARK APPROACH?

1 PARK APPROACH is 144m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the largest 50% of detached houses houses in Knowle, based on EPC data. The below chart shows the distribution of detached houses houses by size in Knowle, and where 1 PARK APPROACH lies on this distribution: 57% of detached houses houses are smaller than 1 PARK APPROACH, and 43% of houses are larger. Note that EPC data is not available for all properties in Knowle.

1 PARK APPROACH: Plot and Title Map

1 PARK APPROACH sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of 1 PARK APPROACH, 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 PARK APPROACH). 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 PARK APPROACH?

1 PARK APPROACH is located in KNOWLE, in the PO17 postcode district. The below map shows the position of No. 1 on PARK APPROACH.