11, ORIEL DRIVE, FAREHAM, PO14 4RG - £275,000

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

11 ORIEL DRIVE is a small detached house of 95m², built sometime between 1983 and 1990. It was last sold for £275,000 in August 2014, which was around 23% below the average August 2014 detached price in the Fareham local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.

11 ORIEL DRIVE Sold Prices

Land registry data shows two sales for 11 ORIEL DRIVE 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 11 ORIEL DRIVE 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
2014 1 AUG	£275,000	£355,088	23% below HPI
2000 5 JUN	£140,000	£164,594	15% below HPI

11 ORIEL DRIVE 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 11 ORIEL DRIVE sales from June 2000 and August 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 June 2000 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2014 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 11 ORIEL DRIVE?

11 ORIEL DRIVE is 95m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 30% of detached houses in Titchfield Common, based on EPC data. The below chart shows the distribution of detached houses by size in Titchfield Common, and where 11 ORIEL DRIVE lies on this distribution: 21% of detached houses are smaller than 11 ORIEL DRIVE, and 78% of houses are larger. Note that EPC data is not available for all properties in Titchfield Common.

11 ORIEL DRIVE: Plot and Title Map

11 ORIEL DRIVE sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 11 ORIEL DRIVE, 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 ORIEL DRIVE). 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 ORIEL DRIVE?

11 ORIEL DRIVE is located in FAREHAM, in the PO14 postcode district. The below map shows the position of No. 11 on ORIEL DRIVE.