1, THREE WAYS CLOSE, FAREHAM, PO14 2TF - £465,000

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 THREE WAYS CLOSE is a very large extended detached house of 182m², built sometime from 2007 onwards. It was last sold for £465,000 in June 2014, which was around 35% above the average June 2014 detached price in the Fareham local authority area. The most recent EPC inspection was September 2012, where the current energy rating was C, and the potential energy rating was B.

1 THREE WAYS CLOSE Sold Prices

Land registry data shows two sales for 1 THREE WAYS CLOSE 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 THREE WAYS CLOSE sales were for above 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
2014 23 JUN	£465,000	£344,421	35% above HPI
2007 23 APR	£530,000	£311,803	70% above HPI

1 THREE WAYS 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 two 1 THREE WAYS CLOSE sales from April 2007 and June 2014 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 April 2007 sale was for 70% above the HPI. So the extrapolation line tracks at 70% above the HPI over time, until the June 2014 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is 1 THREE WAYS CLOSE?

1 THREE WAYS CLOSE is 182m², which includes one extension, according to the EPC inspection conducted in September 2012. This puts it in the largest 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 THREE WAYS CLOSE lies on this distribution: 93% of detached houses are smaller than 1 THREE WAYS CLOSE, and 7% of houses are larger. Note that EPC data is not available for all properties in Stubbington.

1 THREE WAYS CLOSE: Plot and Title Map

1 THREE WAYS CLOSE sits on a plot of roughly 0.220 of an acre, or 891m². The below map shows the location of 1 THREE WAYS 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 THREE WAYS 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 THREE WAYS CLOSE?

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