111, OAK ROAD, FAREHAM, PO15 5HR - £304,400

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

111 OAK ROAD is a very small extended detached house of 69m², built sometime between 1950 and 1966. It was last sold for £304,400 in March 2021, which was around 36% below the average March 2021 detached price in the Fareham local authority area. The most recent EPC inspection was July 2017, where the current energy rating was C, and the potential energy rating was B.

111 OAK ROAD Sold Prices

Land registry data shows four sales for 111 OAK ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. All of the four 111 OAK ROAD 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 8 MAR	£304,400	£477,603	36% below HPI
2015 4 DEC	£223,500	£395,889	44% below HPI
2001 16 JUL	£135,000	£192,263	30% below HPI
1997 13 OCT	£72,500	£124,401	42% below HPI

111 OAK ROAD 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 four 111 OAK ROAD sales between October 1997 and March 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 December 2015 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the March 2021 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 111 OAK ROAD?

111 OAK ROAD is 69m², which includes one extension, according to the EPC inspection conducted in July 2017. This puts it in the smallest 10% of detached houses in Fareham, based on EPC data. The below chart shows the distribution of detached houses by size in Fareham, and where 111 OAK ROAD lies on this distribution: 6% of detached houses are smaller than 111 OAK ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Fareham.

111 OAK ROAD: Plot and Title Map

111 OAK ROAD sits on a plot of roughly 0.694 of an acre, or 2,808m². The below map shows the location of 111 OAK ROAD, 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 111 OAK ROAD). 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 111 OAK ROAD?

111 OAK ROAD is located in FAREHAM, in the PO15 postcode district. The below map shows the position of No. 111 on OAK ROAD.