15, GREBE CLOSE, FAREHAM, PO16 8QN - £175,000

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.

15 GREBE CLOSE is a very small semi-detached house of 70m², built sometime between 1983 and 1990, which could now be worth an estimated £322,489. It was last sold for £175,000 in June 2006, which was around 6% below the average June 2006 semi-detached price in the Fareham local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

15 GREBE CLOSE Sold Prices

Land registry data shows two sales for 15 GREBE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Fareham local authority area for the corresponding sale date. Both of the two 15 GREBE CLOSE 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
2006 23 JUN	£175,000	£186,370	6% below HPI
1998 7 APR	£70,500	£75,348	6% below HPI

15 GREBE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Fareham local authority area over time, sourced from the HPI. The two 15 GREBE CLOSE sales from April 1998 and June 2006 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 April 1998 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the June 2006 sale, which was also at 6% below the HPI.

What might 15 GREBE CLOSE be worth now?

15 GREBE CLOSE might now be worth an estimated £322,489.

This is based on house price inflation of 84.3%, between June 2006 and February 2025, for semi-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 84.3% inflationary increase is applied to the most recent sale price for 15 GREBE CLOSE of £175,000 on 23rd June 2006. For the value to have increased from £175,000 to £322,489 over the nineteen years and four months to February 2025, the following assumptions must hold true:

• The value of 15 GREBE CLOSE has moved in line with the HPI for semi-detached houses in the Fareham local authority area.
• The June 2006 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 15 GREBE CLOSE has not materially changed since June 2006.

How Large is 15 GREBE CLOSE?

15 GREBE CLOSE is 70m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 10% of semi-detached houses houses in Fareham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Fareham, and where 15 GREBE CLOSE lies on this distribution: 7% of semi-detached houses houses are smaller than 15 GREBE CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Fareham.

15 GREBE CLOSE: Plot and Title Map

15 GREBE CLOSE sits on a plot of roughly 0.040 of an acre, or 163m². The below map shows the location of 15 GREBE CLOSE, 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 15 GREBE CLOSE). 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 15 GREBE CLOSE?

15 GREBE CLOSE is located in FAREHAM, in the PO16 postcode district. The below map shows the position of No. 15 on GREBE CLOSE.