1A, LONGACRES, FAREHAM, PO14 4SB - £465,000

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

1A LONGACRES is a midsized extended detached house of 116m², built sometime between 1983 and 1990. It was last sold for £465,000 in November 2021, which was around 13% below the average November 2021 detached price in the Fareham local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

1A LONGACRES Sold Prices

Land registry data shows five sales for 1A LONGACRES since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. All of the five 1A LONGACRES 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
2021 26 NOV	£465,000	£531,609	13% below HPI
2018 27 SEP	£400,000	£460,181	13% below HPI
2015 30 OCT	£308,000	£391,370	21% below HPI
2014 31 MAR	£265,000	£339,271	22% below HPI
2011 29 JUL	£250,000	£323,498	23% below HPI

1A LONGACRES 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 five 1A LONGACRES sales between July 2011 and November 2021 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 2018 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the November 2021 sale, which was also at 13% below the HPI.

How Large is 1A LONGACRES?

1A LONGACRES is 116m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the largest 50% of detached houses in Locks Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Locks Heath, and where 1A LONGACRES lies on this distribution: 51% of detached houses are smaller than 1A LONGACRES, and 48% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

1A LONGACRES: Plot and Title Map

1A LONGACRES sits on a plot of roughly 0.103 of an acre, or 417m². The below map shows the location of 1A LONGACRES, 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 1A LONGACRES). 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 1A LONGACRES?

1A LONGACRES is located in FAREHAM, in the PO14 postcode district. The below map shows the position of No. 1A on LONGACRES.