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

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

17 PARK LANE is a very large extended detached house of 217m², built sometime between 1950 and 1966. It was last sold for £500,000 in October 2013, which was around 52% 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	£329,173	52% above HPI
2004 27 FEB	£437,000	£264,992	65% 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 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the October 2013 sale, where it falls to 52% above the HPI. The line then continues to track at 52% above the HPI.

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 in Fareham, based on EPC data. The below chart shows the distribution of detached houses by size in Fareham, and where 17 PARK LANE lies on this distribution: 95% of detached houses are smaller than 17 PARK LANE, and 5% 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.