11, GREBE CLOSE, FAREHAM, PO16 8QN - £290,000

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.

11 GREBE CLOSE is a very small semi-detached house of 55m², built sometime between 1983 and 1990, which could now be worth an estimated £285,064. It was last sold for £290,000 in September 2022, which was around 17% below the average September 2022 semi-detached price in the Fareham local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

11 GREBE CLOSE Sold Prices

Land registry data shows seven sales for 11 GREBE CLOSE since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average semi-detached price in the Fareham local authority area for the corresponding sale date. All of the seven 11 GREBE 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
2022 28 SEP	£290,000	£349,389	17% below HPI
2021 8 MAR	£242,500	£294,356	18% below HPI
2015 22 DEC	£195,000	£241,614	19% below HPI
2011 10 AUG	£159,250	£193,851	18% below HPI
2005 7 NOV	£149,000	£175,328	15% below HPI
1998 24 APR	£60,000	£75,348	20% below HPI
1995 28 APR	£48,000	£60,133	20% below HPI

11 GREBE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Fareham local authority area over time, sourced from the HPI. The seven 11 GREBE CLOSE sales between April 1995 and September 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 March 2021 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the September 2022 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 11 GREBE CLOSE be worth now?

11 GREBE CLOSE might now be worth an estimated £285,064.

This is based on house price deflation of 1.7%, between September 2022 and February 2025, for semi-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 1.7% deflationary decrease is applied to the most recent sale price for 11 GREBE CLOSE of £290,000 on 28th September 2022. For the value to have decreased from £290,000 to £285,064 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 11 GREBE CLOSE has moved in line with the HPI for semi-detached houses in the Fareham local authority area.
• The September 2022 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 11 GREBE CLOSE has not materially changed since September 2022.

How Large is 11 GREBE CLOSE?

11 GREBE CLOSE is 55m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 10% of semi-detached houses houses in Fareham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Fareham, and where 11 GREBE CLOSE lies on this distribution: 2% of semi-detached houses houses are smaller than 11 GREBE CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Fareham.

11 GREBE CLOSE: Plot and Title Map

11 GREBE CLOSE sits on a plot of roughly 0.037 of an acre, or 148m². The below map shows the location of 11 GREBE 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 11 GREBE 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 11 GREBE CLOSE?

11 GREBE CLOSE is located in FAREHAM, in the PO16 postcode district. The below map shows the position of No. 11 on GREBE CLOSE.