162, GUDGE HEATH LANE, FAREHAM, PO15 6PX - £62,000

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.

162 GUDGE HEATH LANE is a very small semi-detached house of 77m², built sometime between 1930 and 1949, which could now be worth an estimated £317,632. It was last sold for £62,000 in May 1997, which was around 8% below the average May 1997 semi-detached price in the Fareham local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was C.

162 GUDGE HEATH LANE Sold Prices

Land registry data shows two sales for 162 GUDGE HEATH LANE 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 162 GUDGE HEATH LANE 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
1997 23 MAY	£62,000	£67,038	8% below HPI
1995 19 MAY	£57,500	£59,961	4% below HPI

162 GUDGE HEATH LANE 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 162 GUDGE HEATH LANE sales from May 1995 and May 1997 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 May 1995 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the May 1997 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 162 GUDGE HEATH LANE be worth now?

162 GUDGE HEATH LANE might now be worth an estimated £317,632.

This is based on house price inflation of 412.3%, between May 1997 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 412.3% inflationary increase is applied to the most recent sale price for 162 GUDGE HEATH LANE of £62,000 on 23rd May 1997. For the value to have increased from £62,000 to £317,632 over the 28 years and three months to February 2025, the following assumptions must hold true:

• The value of 162 GUDGE HEATH LANE has moved in line with the HPI for semi-detached houses in the Fareham local authority area.
• The May 1997 sale price of £62,000 represented a fair market value for the property.
• The size, condition, and specification of 162 GUDGE HEATH LANE has not materially changed since May 1997.

How Large is 162 GUDGE HEATH LANE?

162 GUDGE HEATH LANE is 77m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 20% 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 162 GUDGE HEATH LANE lies on this distribution: 11% of semi-detached houses houses are smaller than 162 GUDGE HEATH LANE, and 88% of houses are larger. Note that EPC data is not available for all properties in Fareham.

162 GUDGE HEATH LANE: Plot and Title Map

162 GUDGE HEATH LANE sits on a plot of roughly 0.522 of an acre, or 2,113m². The below map shows the location of 162 GUDGE HEATH LANE, 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 162 GUDGE HEATH LANE). 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 162 GUDGE HEATH LANE?

162 GUDGE HEATH LANE is located in FAREHAM, in the PO15 postcode district. The below map shows the position of No. 162 on GUDGE HEATH LANE.