2, BERRY LANE, FAREHAM, PO14 3HJ - £850,000

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

2 BERRY LANE is a very large extended detached house of 248m², built sometime between 1983 and 1990. It was last sold for £850,000 in November 2021, which was around 60% above the average November 2021 detached price in the Fareham local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

2 BERRY LANE Sold Prices

Land registry data shows four sales for 2 BERRY 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. All of the four 2 BERRY LANE 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
2021 19 NOV	£850,000	£531,609	60% above HPI
2016 31 MAR	£780,000	£405,004	93% above HPI
2004 30 APR	£510,000	£271,430	88% above HPI
1999 2 JUL	£290,000	£137,703	111% above HPI

2 BERRY 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 2 BERRY LANE sales between July 1999 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 March 2016 sale was for 93% above the HPI. So the extrapolation line tracks at 93% above the HPI over time, until the November 2021 sale, where it falls to 60% above the HPI. The line then continues to track at 60% above the HPI.

How Large is 2 BERRY LANE?

2 BERRY LANE is 248m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the largest 10% of detached houses in Stubbington, based on EPC data. The below chart shows the distribution of detached houses by size in Stubbington, and where 2 BERRY LANE lies on this distribution: 99% of detached houses are smaller than 2 BERRY LANE, and 1% of houses are larger. Note that EPC data is not available for all properties in Stubbington.

2 BERRY LANE: Plot and Title Map

2 BERRY LANE sits on a plot of roughly 0.209 of an acre, or 845m². The below map shows the location of 2 BERRY 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 2 BERRY 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 2 BERRY LANE?

2 BERRY LANE is located in FAREHAM, in the PO14 postcode district. The below map shows the position of No. 2 on BERRY LANE.