124, ROMSEY AVENUE, FAREHAM, PO16 9SZ - £365,000

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.

124 ROMSEY AVENUE is a midsized extended detached house of 118m², built sometime between 1930 and 1949, which could now be worth an estimated £435,585. It was last sold for £365,000 in February 2019, which was around 21% below the average February 2019 detached price in the Fareham local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was C.

124 ROMSEY AVENUE Sold Prices

Land registry data shows two sales for 124 ROMSEY AVENUE 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 124 ROMSEY AVENUE 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
2019 22 FEB	£365,000	£462,707	21% below HPI
1999 26 MAR	£97,000	£134,865	28% below HPI

124 ROMSEY AVENUE 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 124 ROMSEY AVENUE sales from March 1999 and February 2019 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 1999 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the February 2019 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 124 ROMSEY AVENUE be worth now?

124 ROMSEY AVENUE might now be worth an estimated £435,585.

This is based on house price inflation of 19.3%, between February 2019 and February 2025, for 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 19.3% inflationary increase is applied to the most recent sale price for 124 ROMSEY AVENUE of £365,000 on 22nd February 2019. For the value to have increased from £365,000 to £435,585 over the six years to February 2025, the following assumptions must hold true:

• The value of 124 ROMSEY AVENUE has moved in line with the HPI for detached houses in the Fareham local authority area.
• The February 2019 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 124 ROMSEY AVENUE has not materially changed since February 2019.

How Large is 124 ROMSEY AVENUE?

124 ROMSEY AVENUE is 118m², which includes one extension, according to the EPC inspection conducted in July 2018. This puts it in the largest 50% of detached houses houses in Fareham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fareham, and where 124 ROMSEY AVENUE lies on this distribution: 52% of detached houses houses are smaller than 124 ROMSEY AVENUE, and 48% of houses are larger. Note that EPC data is not available for all properties in Fareham.

124 ROMSEY AVENUE: Plot and Title Map

124 ROMSEY AVENUE sits on a plot of roughly 0.116 of an acre, or 471m². The below map shows the location of 124 ROMSEY AVENUE, 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 124 ROMSEY AVENUE). 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 124 ROMSEY AVENUE?

124 ROMSEY AVENUE is located in FAREHAM, in the PO16 postcode district. The below map shows the position of No. 124 on ROMSEY AVENUE.