1A, RED BARN LANE, FAREHAM, PO16 7UT - £313,000

1A RED BARN LANE is a midsized detached house of 108m², built sometime from 2007 onwards. It was last sold for £313,000 in July 2012, which was around 3% below the average July 2012 detached price in the Fareham local authority area. The most recent EPC inspection was June 2010, where the current energy rating was C, and the potential energy rating was C.

1A RED BARN LANE Sold Prices

Land registry data shows four sales for 1A RED BARN LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. two of the four 1A RED BARN LANE sales were for below the average price, and four 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 JUL	£313,000	£323,171	3% below HPI
2010 26 NOV	£295,000	£325,372	9% below HPI
2007 16 AUG	£450,000	£329,162	37% above HPI
2006 10 AUG	£345,000	£296,700	16% above HPI

1A RED BARN 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 four 1A RED BARN LANE sales between August 2006 and July 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 November 2010 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the July 2012 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 1A RED BARN LANE?

1A RED BARN LANE is 108m² according to the EPC inspection conducted in June 2010. This puts it in the smallest 50% of detached houses in Fareham, based on EPC data. The below chart shows the distribution of detached houses by size in Fareham, and where 1A RED BARN LANE lies on this distribution: 44% of detached houses are smaller than 1A RED BARN LANE, and 56% of houses are larger. Note that EPC data is not available for all properties in Fareham.

1A RED BARN LANE: Plot and Title Map

1A RED BARN LANE sits on a plot of roughly 0.115 of an acre, or 465m². The below map shows the location of 1A RED BARN 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 1A RED BARN 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 1A RED BARN LANE?

1A RED BARN LANE is located in FAREHAM, in the PO16 postcode district. The below map shows the position of No. 1A on RED BARN LANE.