17, PEAK LANE, FAREHAM, PO14 1RP - £310,000

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 PEAK LANE is a small detached house of 96m², built sometime between 1950 and 1966, which could now be worth an estimated £452,266. It was last sold for £310,000 in May 2015, which was around 18% below the average May 2015 detached price in the Fareham local authority area. The most recent EPC inspection was July 2012, where the current energy rating was E, and the potential energy rating was C.

17 PEAK LANE Sold Prices

Land registry data shows two sales for 17 PEAK 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 PEAK 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
2015 1 MAY	£310,000	£376,789	18% below HPI
2012 28 SEP	£249,999	£322,215	22% below HPI

17 PEAK 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 PEAK LANE sales from September 2012 and May 2015 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 September 2012 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the May 2015 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 17 PEAK LANE be worth now?

17 PEAK LANE might now be worth an estimated £452,266.

This is based on house price inflation of 45.9%, between May 2015 and March 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 45.9% inflationary increase is applied to the most recent sale price for 17 PEAK LANE of £310,000 on 1st May 2015. For the value to have increased from £310,000 to £452,266 over the ten years and two months to March 2025, the following assumptions must hold true:

• The value of 17 PEAK LANE has moved in line with the HPI for detached houses in the Fareham local authority area.
• The May 2015 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 17 PEAK LANE has not materially changed since May 2015.

How Large is 17 PEAK LANE?

17 PEAK LANE is 96m² according to the EPC inspection conducted in July 2012. This puts it in the smallest 30% 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 PEAK LANE lies on this distribution: 29% of detached houses houses are smaller than 17 PEAK LANE, and 70% of houses are larger. Note that EPC data is not available for all properties in Fareham.

17 PEAK LANE: Plot and Title Map

17 PEAK LANE sits on a plot of roughly 0.121 of an acre, or 491m². The below map shows the location of 17 PEAK 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 PEAK 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 PEAK LANE?

17 PEAK LANE is located in FAREHAM, in the PO14 postcode district. The below map shows the position of No. 17 on PEAK LANE.