18, CORNAWAY LANE, FAREHAM, PO16 9DB - £575,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

18 CORNAWAY LANE is a midsized extended detached house of 130m², built sometime between 1900 and 1929. It was last sold for £575,000 in November 2022, which was around 1% above the average November 2022 detached price in the Fareham local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was B.

18 CORNAWAY LANE Sold Prices

Land registry data shows three sales for 18 CORNAWAY LANE 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. One of the three 18 CORNAWAY LANE sales was for above the average price, whilst two 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
2022 4 NOV	£575,000	£566,746	1% above HPI
2016 5 JUL	£410,000	£415,062	1% below HPI
1996 15 NOV	£81,000	£107,807	25% below HPI

18 CORNAWAY 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 three 18 CORNAWAY LANE sales between November 1996 and November 2022 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 2016 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the November 2022 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 18 CORNAWAY LANE?

18 CORNAWAY LANE is 130m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the largest 40% of detached houses in Portsmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Portsmouth, and where 18 CORNAWAY LANE lies on this distribution: 59% of detached houses are smaller than 18 CORNAWAY LANE, and 40% of houses are larger. Note that EPC data is not available for all properties in Portsmouth.

18 CORNAWAY LANE: Plot and Title Map

18 CORNAWAY LANE sits on a plot of roughly 0.216 of an acre, or 873m². The below map shows the location of 18 CORNAWAY 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 18 CORNAWAY 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 18 CORNAWAY LANE?

18 CORNAWAY LANE is located in FAREHAM, in the PO16 postcode district. The below map shows the position of No. 18 on CORNAWAY LANE.