2, BISHOPS GATE, FAREHAM, PO14 4QE - £243,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 BISHOPS GATE is a small detached house of 97m², built sometime between 1976 and 1982, which could now be worth an estimated £452,085. It was last sold for £243,000 in July 2006, which was around 18% below the average July 2006 detached price in the Fareham local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was B.

2 BISHOPS GATE Sold Prices

Land registry data shows two sales for 2 BISHOPS GATE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. Both of the two 2 BISHOPS GATE 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
2006 4 JUL	£243,000	£296,806	18% below HPI
2002 24 MAY	£186,500	£219,428	15% below HPI

2 BISHOPS GATE 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 two 2 BISHOPS GATE sales from May 2002 and July 2006 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 May 2002 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the July 2006 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 2 BISHOPS GATE be worth now?

2 BISHOPS GATE might now be worth an estimated £452,085.

This is based on house price inflation of 86%, between July 2006 and February 2025, 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 86% inflationary increase is applied to the most recent sale price for 2 BISHOPS GATE of £243,000 on 4th July 2006. For the value to have increased from £243,000 to £452,085 over the nineteen years and five months to February 2025, the following assumptions must hold true:

• The value of 2 BISHOPS GATE has moved in line with the HPI for detached houses in the Fareham local authority area.
• The July 2006 sale price of £243,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BISHOPS GATE has not materially changed since July 2006.

How Large is 2 BISHOPS GATE?

2 BISHOPS GATE is 97m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 40% of detached houses houses in Locks Heath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Locks Heath, and where 2 BISHOPS GATE lies on this distribution: 30% of detached houses houses are smaller than 2 BISHOPS GATE, and 69% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

2 BISHOPS GATE: Plot and Title Map

2 BISHOPS GATE sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 2 BISHOPS GATE, 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 BISHOPS GATE). 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 BISHOPS GATE?

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