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
137 GUDGE HEATH LANE is a midsized extended detached house of 122m², built sometime between 1950 and 1966. It was last sold for £379,950 in November 2019, which was around 16% below the average November 2019 detached price in the Fareham local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 137 GUDGE HEATH LANE since 1st 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 137 GUDGE HEATH LANE 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 25 NOV | £379,950 | £452,564 | 16% below HPI |
2016 25 FEB | £320,000 | £406,995 | 21% below HPI |
2014 7 MAR | £235,000 | £339,271 | 31% below HPI |
2013 10 OCT | £235,000 | £329,173 | 29% below HPI |
The below graph shows the average detached house price in the Fareham local authority area over time, sourced from the HPI. The four 137 GUDGE HEATH LANE sales between October 2013 and November 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 February 2016 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the November 2019 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.
137 GUDGE HEATH LANE is 122m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the largest 50% of detached houses in Fareham, based on EPC data. The below chart shows the distribution of detached houses by size in Fareham, and where 137 GUDGE HEATH LANE lies on this distribution: 56% of detached houses are smaller than 137 GUDGE HEATH LANE, and 44% of houses are larger. Note that EPC data is not available for all properties in Fareham.
137 GUDGE HEATH LANE sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 137 GUDGE HEATH LANE, 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 137 GUDGE HEATH LANE). 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.
137 GUDGE HEATH LANE is located in FAREHAM, in the PO15 postcode district. The below map shows the position of No. 137 on GUDGE HEATH LANE.