1A, REDLANDS LANE, FAREHAM, PO14 1HN - £318,000

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 REDLANDS LANE is a large extended detached house of 145m², built sometime between 1930 and 1949. It was last sold for £318,000 in January 2013, which was around 1% above the average January 2013 detached price in the Fareham local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was C.

1A REDLANDS LANE Sold Prices

Land registry data shows three sales for 1A REDLANDS 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 1A REDLANDS 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
2013 31 JAN	£318,000	£313,950	1% above HPI
2002 31 JAN	£149,000	£210,905	29% below HPI
1998 22 MAY	£87,500	£129,028	32% below HPI

1A REDLANDS 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 1A REDLANDS LANE sales between May 1998 and January 2013 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 January 2002 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the January 2013 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 1A REDLANDS LANE?

1A REDLANDS LANE is 145m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the largest 30% 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 REDLANDS LANE lies on this distribution: 73% of detached houses are smaller than 1A REDLANDS LANE, and 27% of houses are larger. Note that EPC data is not available for all properties in Fareham.

1A REDLANDS LANE: Plot and Title Map

1A REDLANDS LANE sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 1A REDLANDS 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 REDLANDS 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 REDLANDS LANE?

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