1, TANGYES CLOSE, FAREHAM, PO14 2LW - £405,000

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 TANGYES CLOSE is a very small extended detached house of 60m², built sometime between 1950 and 1966. It was last sold for £405,000 in August 2021, which was around 20% below the average August 2021 detached price in the Fareham local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

1 TANGYES CLOSE Sold Prices

Land registry data shows three sales for 1 TANGYES CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. All of the three 1 TANGYES 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
2021 31 AUG	£405,000	£507,575	20% below HPI
2002 8 NOV	£196,950	£255,471	23% below HPI
1997 30 APR	£73,000	£112,560	35% below HPI

1 TANGYES 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 three 1 TANGYES CLOSE sales between April 1997 and August 2021 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 November 2002 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2021 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 1 TANGYES CLOSE?

1 TANGYES CLOSE is 60m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the smallest 10% of detached houses in Stubbington, based on EPC data. The below chart shows the distribution of detached houses by size in Stubbington, and where 1 TANGYES CLOSE lies on this distribution: 4% of detached houses are smaller than 1 TANGYES CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Stubbington.

1 TANGYES CLOSE: Plot and Title Map

1 TANGYES CLOSE sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of 1 TANGYES 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 TANGYES 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 TANGYES CLOSE?

1 TANGYES CLOSE is located in FAREHAM, in the PO14 postcode district. The below map shows the position of No. 1 on TANGYES CLOSE.