17, PARK LANE, FAREHAM, PO16 7LF - £500,000

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.

17 PARK LANE is a very large extended detached house of 217m², built sometime between 1950 and 1966, which could now be worth an estimated £831,011. It was last sold for £500,000 in October 2013, which was around 50% above the average October 2013 detached price in the Fareham local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was C.

17 PARK LANE Sold Prices

Land registry data shows two sales for 17 PARK LANE 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. Both of the two 17 PARK LANE sales were for above 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
2013 8 OCT	£500,000	£332,238	50% above HPI
2004 27 FEB	£437,000	£267,460	63% above HPI

17 PARK LANE 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 17 PARK LANE sales from February 2004 and October 2013 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 February 2004 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the October 2013 sale, where it falls to 50% above the HPI. The line then continues to track at 50% above the HPI.

What might 17 PARK LANE be worth now?

17 PARK LANE might now be worth an estimated £831,011.

This is based on house price inflation of 66.2%, between October 2013 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 66.2% inflationary increase is applied to the most recent sale price for 17 PARK LANE of £500,000 on 8th October 2013. For the value to have increased from £500,000 to £831,011 over the twelve years and eight months to February 2025, the following assumptions must hold true:

• The value of 17 PARK LANE has moved in line with the HPI for detached houses in the Fareham local authority area.
• The October 2013 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 17 PARK LANE has not materially changed since October 2013.

How Large is 17 PARK LANE?

17 PARK LANE is 217m², which includes two extensions, according to the EPC inspection conducted in November 2012. This puts it in the largest 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 17 PARK LANE lies on this distribution: 94% of detached houses houses are smaller than 17 PARK LANE, and 6% of houses are larger. Note that EPC data is not available for all properties in Fareham.

17 PARK LANE: Plot and Title Map

17 PARK LANE sits on a plot of roughly 0.257 of an acre, or 1,042m². The below map shows the location of 17 PARK 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 17 PARK 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 17 PARK LANE?

17 PARK LANE is located in FAREHAM, in the PO16 postcode district. The below map shows the position of No. 17 on PARK LANE.