16, PRIORY ROAD, FAREHAM, PO15 5HT - £204,500

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.

16 PRIORY ROAD is a very small extended detached house of 70m², built sometime between 1950 and 1966, which could now be worth an estimated £353,430. It was last sold for £204,500 in November 2011, which was around 36% below the average November 2011 detached price in the Fareham local authority area. The most recent EPC inspection was January 2011, where the current energy rating was D, and the potential energy rating was C.

16 PRIORY ROAD Sold Prices

Land registry data shows three sales for 16 PRIORY ROAD 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 PRIORY 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
2011 21 NOV	£204,500	£319,504	36% below HPI
2009 17 JUL	£165,000	£281,900	41% below HPI
2007 10 OCT	£200,000	£335,213	40% below HPI

16 PRIORY 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 three 16 PRIORY ROAD sales between October 2007 and November 2011 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 July 2009 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the November 2011 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 16 PRIORY ROAD be worth now?

16 PRIORY ROAD might now be worth an estimated £353,430.

This is based on house price inflation of 72.8%, between November 2011 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 72.8% inflationary increase is applied to the most recent sale price for 16 PRIORY ROAD of £204,500 on 21st November 2011. For the value to have increased from £204,500 to £353,430 over the fourteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 16 PRIORY ROAD has moved in line with the HPI for detached houses in the Fareham local authority area.
• The November 2011 sale price of £204,500 represented a fair market value for the property.
• The size, condition, and specification of 16 PRIORY ROAD has not materially changed since November 2011.

How Large is 16 PRIORY ROAD?

16 PRIORY ROAD is 70m², which includes one extension, according to the EPC inspection conducted in January 2011. This puts it in the smallest 10% of detached houses houses in Fareham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fareham, and where 16 PRIORY ROAD lies on this distribution: 7% of detached houses houses are smaller than 16 PRIORY ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Fareham.

16 PRIORY ROAD: Plot and Title Map

16 PRIORY ROAD sits on a plot of roughly 1.8 acres, or 7,377m². The below map shows the location of 16 PRIORY 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 16 PRIORY 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 16 PRIORY ROAD?

16 PRIORY ROAD is located in FAREHAM, in the PO15 postcode district. The below map shows the position of No. 16 on PRIORY ROAD.