18, MAGPIE CLOSE, FAREHAM, PO16 8YH - £355,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

18 MAGPIE CLOSE is a large detached house of 152m², built sometime between 1996 and 2002, which could now be worth an estimated £610,844. It was last sold for £355,000 in March 2012, which was around 12% above the average March 2012 detached price in the Fareham local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was C.

18 MAGPIE CLOSE Sold Prices

Land registry data shows three sales for 18 MAGPIE CLOSE 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. All of the three 18 MAGPIE CLOSE 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
2012 20 MAR	£355,000	£318,193	12% above HPI
2004 29 JUN	£287,500	£280,546	2% above HPI
2000 30 JUN	£189,995	£166,127	14% above HPI

18 MAGPIE CLOSE 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 MAGPIE CLOSE sales between June 2000 and March 2012 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 June 2004 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the March 2012 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 18 MAGPIE CLOSE be worth now?

18 MAGPIE CLOSE might now be worth an estimated £610,844.

This is based on house price inflation of 72.1%, between March 2012 and December 2024, 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 72.1% inflationary increase is applied to the most recent sale price for 18 MAGPIE CLOSE of £355,000 on 20th March 2012. For the value to have increased from £355,000 to £610,844 over the eleven years and three months to December 2024, the following assumptions must hold true:

• The value of 18 MAGPIE CLOSE has moved in line with the HPI for detached houses in the Fareham local authority area.
• The March 2012 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 18 MAGPIE CLOSE has not materially changed since March 2012.

How Large is 18 MAGPIE CLOSE?

18 MAGPIE CLOSE is 152m² according to the EPC inspection conducted in July 2011. This puts it in the largest 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 18 MAGPIE CLOSE lies on this distribution: 76% of detached houses houses are smaller than 18 MAGPIE CLOSE, and 24% of houses are larger. Note that EPC data is not available for all properties in Fareham.

18 MAGPIE CLOSE: Plot and Title Map

18 MAGPIE CLOSE sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of 18 MAGPIE CLOSE, 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 MAGPIE CLOSE). 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 MAGPIE CLOSE?

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