12, OLIVE CRESCENT, FAREHAM, PO16 9NU - £385,000

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

12 OLIVE CRESCENT is a small extended detached house of 108m², built sometime between 1950 and 1966. It was last sold for £385,000 in July 2023, which was around 31% below the average July 2023 detached price in the Fareham local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was B.

12 OLIVE CRESCENT Sold Prices

Land registry data shows three sales for 12 OLIVE CRESCENT 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 12 OLIVE CRESCENT 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
2023 7 JUL	£385,000	£561,783	31% below HPI
2007 3 JUL	£249,000	£323,924	23% below HPI
1999 20 AUG	£78,500	£141,595	45% below HPI

12 OLIVE CRESCENT 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 12 OLIVE CRESCENT sales between August 1999 and July 2023 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 July 2007 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the July 2023 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 12 OLIVE CRESCENT?

12 OLIVE CRESCENT is 108m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the smallest 40% of detached houses in Portsmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Portsmouth, and where 12 OLIVE CRESCENT lies on this distribution: 39% of detached houses are smaller than 12 OLIVE CRESCENT, and 59% of houses are larger. Note that EPC data is not available for all properties in Portsmouth.

12 OLIVE CRESCENT: Plot and Title Map

12 OLIVE CRESCENT sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 12 OLIVE CRESCENT, 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 12 OLIVE CRESCENT). 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 12 OLIVE CRESCENT?

12 OLIVE CRESCENT is located in FAREHAM, in the PO16 postcode district. The below map shows the position of No. 12 on OLIVE CRESCENT.