15, PEAK DRIVE, FAREHAM, PO14 1RL - £675,000

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

15 PEAK DRIVE is a very large extended detached house of 221m², built sometime between 1976 and 1982. It was last sold for £675,000 in May 2024, which was around 25% above the average May 2024 detached price in the Fareham local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was C.

15 PEAK DRIVE Sold Prices

Land registry data shows two sales for 15 PEAK 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 PEAK 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
2024 3 MAY	£675,000	£540,969	25% above HPI
2018 22 JUN	£435,000	£455,902	5% below HPI

15 PEAK 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 PEAK DRIVE sales from June 2018 and May 2024 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 June 2018 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the May 2024 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 15 PEAK DRIVE?

15 PEAK DRIVE is 221m², which includes one extension, according to the EPC inspection conducted in November 2022. This puts it in the largest 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 15 PEAK DRIVE lies on this distribution: 95% of detached houses are smaller than 15 PEAK DRIVE, and 5% of houses are larger. Note that EPC data is not available for all properties in Fareham.

15 PEAK DRIVE: Plot and Title Map

15 PEAK DRIVE sits on a plot of roughly 0.163 of an acre, or 661m². The below map shows the location of 15 PEAK 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 PEAK 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 PEAK DRIVE?

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