2, FARM HOUSE CLOSE, FAREHAM, PO14 3YH - £415,000

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 FARM HOUSE CLOSE is a small detached house of 95m², built sometime between 1996 and 2002. It was last sold for £415,000 in May 2021, which was around 14% below the average May 2021 detached price in the Fareham local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

2 FARM HOUSE CLOSE Sold Prices

Land registry data shows four sales for 2 FARM HOUSE CLOSE 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. The four 2 FARM HOUSE CLOSE sales were a mix of below the average price, and roughly equal to 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 7 MAY	£415,000	£483,761	14% below HPI
2006 29 NOV	£287,000	£301,862	5% below HPI
2002 27 SEP	£224,000	£239,193	6% below HPI
1999 29 OCT	£142,950	£142,829	Close to HPI

2 FARM HOUSE 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 four 2 FARM HOUSE CLOSE sales between October 1999 and May 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 November 2006 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the May 2021 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 2 FARM HOUSE CLOSE?

2 FARM HOUSE CLOSE is 95m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 40% 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 FARM HOUSE CLOSE lies on this distribution: 34% of detached houses are smaller than 2 FARM HOUSE CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Stubbington.

2 FARM HOUSE CLOSE: Plot and Title Map

2 FARM HOUSE CLOSE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 2 FARM HOUSE 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 FARM HOUSE 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 FARM HOUSE CLOSE?

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