147, OAK ROAD, FAREHAM, PO15 5HX - £293,000

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

147 OAK ROAD is a very small extended detached house of 64m², built sometime between 1930 and 1949. It was last sold for £293,000 in November 2021, which was around 45% below the average November 2021 detached price in the Fareham local authority area. The most recent EPC inspection was December 2017, where the current energy rating was D, and the potential energy rating was B.

147 OAK ROAD Sold Prices

Land registry data shows two sales for 147 OAK ROAD 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 147 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 30 NOV	£293,000	£531,609	45% below HPI
1995 28 FEB	£73,750	£99,341	26% below HPI

147 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 two 147 OAK ROAD sales from February 1995 and November 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 February 1995 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the November 2021 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 147 OAK ROAD?

147 OAK ROAD is 64m², which includes one extension, according to the EPC inspection conducted in December 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 147 OAK ROAD lies on this distribution: 4% of detached houses are smaller than 147 OAK ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Fareham.

147 OAK ROAD: Plot and Title Map

147 OAK ROAD sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 147 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 147 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 147 OAK ROAD?

147 OAK ROAD is located in FAREHAM, in the PO15 postcode district. The below map shows the position of No. 147 on OAK ROAD.