2, DISCOVERY CLOSE, FAREHAM, PO14 3NZ - £650,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

2 DISCOVERY CLOSE is a very large extended detached house of 152m², built sometime between 1991 and 1995. It was last sold for £650,000 in December 2022, which was around 15% above the average December 2022 detached price in the Fareham local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was B.

2 DISCOVERY CLOSE Sold Prices

Land registry data shows three sales for 2 DISCOVERY CLOSE 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. All of the three 2 DISCOVERY CLOSE 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
2022 13 DEC	£650,000	£566,328	15% above HPI
2010 21 DEC	£405,000	£316,996	28% above HPI
1998 20 MAR	£175,000	£125,495	39% above HPI

2 DISCOVERY CLOSE 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 2 DISCOVERY CLOSE sales between March 1998 and December 2022 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 December 2010 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the December 2022 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 2 DISCOVERY CLOSE?

2 DISCOVERY CLOSE is 152m², which includes one extension, according to the EPC inspection conducted in October 2020. This puts it in the largest 20% 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 DISCOVERY CLOSE lies on this distribution: 82% of detached houses are smaller than 2 DISCOVERY CLOSE, and 17% of houses are larger. Note that EPC data is not available for all properties in Stubbington.

2 DISCOVERY CLOSE: Plot and Title Map

2 DISCOVERY CLOSE sits on a plot of roughly 0.141 of an acre, or 571m². The below map shows the location of 2 DISCOVERY CLOSE, 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 DISCOVERY CLOSE). 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 DISCOVERY CLOSE?

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