16, JAY CLOSE, FAREHAM, PO14 3TA - £350,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

16 JAY CLOSE is a large extended detached house of 131m², built sometime between 1996 and 2002. It was last sold for £350,000 in June 2016, which was around 15% below the average June 2016 detached price in the Fareham local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was B.

16 JAY CLOSE Sold Prices

Land registry data shows three sales for 16 JAY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. All of the three 16 JAY 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
2016 24 JUN	£350,000	£411,509	15% below HPI
2009 6 AUG	£250,000	£283,177	12% below HPI
2000 18 OCT	£173,000	£185,036	7% below HPI

16 JAY CLOSE 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 three 16 JAY CLOSE sales between October 2000 and June 2016 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 August 2009 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the June 2016 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 16 JAY CLOSE?

16 JAY CLOSE is 131m², which includes two extensions, according to the EPC inspection conducted in February 2016. This puts it in the largest 30% of detached houses in Stubbington, based on EPC data. The below chart shows the distribution of detached houses by size in Stubbington, and where 16 JAY CLOSE lies on this distribution: 70% of detached houses are smaller than 16 JAY CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Stubbington.

16 JAY CLOSE: Plot and Title Map

16 JAY CLOSE sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 16 JAY 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 16 JAY 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 16 JAY CLOSE?

16 JAY CLOSE is located in FAREHAM, in the PO14 postcode district. The below map shows the position of No. 16 on JAY CLOSE.