15, ORIEL DRIVE, FAREHAM, PO14 4RG - £315,000

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 ORIEL DRIVE is a very large extended detached house of 188m², built sometime between 1983 and 1990, which could now be worth an estimated £592,376. It was last sold for £315,000 in September 2009, which was around 7% above the average September 2009 detached price in the Fareham local authority area. The most recent EPC inspection was April 2009, where the current energy rating was E, and the potential energy rating was D.

15 ORIEL DRIVE Sold Prices

Land registry data shows two sales for 15 ORIEL DRIVE 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. One of the two 15 ORIEL DRIVE sales was for above the average price, whilst the other was 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
2009 16 SEP	£315,000	£293,629	7% above HPI
2006 21 DEC	£282,500	£310,735	9% below HPI

15 ORIEL DRIVE 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 15 ORIEL DRIVE sales from December 2006 and September 2009 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 December 2006 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the September 2009 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 15 ORIEL DRIVE be worth now?

15 ORIEL DRIVE might now be worth an estimated £592,376.

This is based on house price inflation of 88.1%, between September 2009 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 88.1% inflationary increase is applied to the most recent sale price for 15 ORIEL DRIVE of £315,000 on 16th September 2009. For the value to have increased from £315,000 to £592,376 over the sixteen years and seven months to February 2025, the following assumptions must hold true:

• The value of 15 ORIEL DRIVE has moved in line with the HPI for detached houses in the Fareham local authority area.
• The September 2009 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 15 ORIEL DRIVE has not materially changed since September 2009.

How Large is 15 ORIEL DRIVE?

15 ORIEL DRIVE is 188m², which includes one extension, according to the EPC inspection conducted in April 2009. This puts it in the largest 10% of detached houses houses in Titchfield Common, based on EPC data. The below chart shows the distribution of detached houses houses by size in Titchfield Common, and where 15 ORIEL DRIVE lies on this distribution: 95% of detached houses houses are smaller than 15 ORIEL DRIVE, and 5% of houses are larger. Note that EPC data is not available for all properties in Titchfield Common.

15 ORIEL DRIVE: Plot and Title Map

15 ORIEL DRIVE sits on a plot of roughly 0.113 of an acre, or 457m². The below map shows the location of 15 ORIEL DRIVE, 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 ORIEL DRIVE). 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 ORIEL DRIVE?

15 ORIEL DRIVE is located in FAREHAM, in the PO14 postcode district. The below map shows the position of No. 15 on ORIEL DRIVE.