2, FIRST AVENUE, FARLINGTON, PORTSMOUTH, PO6 1JN - £420,000

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 FIRST AVENUE is a midsized extended detached house of 122m², built sometime between 1930 and 1949. It was last sold for £420,000 in July 2023, which was around 19% below the average July 2023 detached price in the Portsmouth local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was B.

2 FIRST AVENUE Sold Prices

Land registry data shows three sales for 2 FIRST AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Portsmouth local authority area for the corresponding sale date. All of the three 2 FIRST AVENUE 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
2023 21 JUL	£420,000	£516,559	19% below HPI
2002 12 AUG	£180,000	£220,743	18% below HPI
1998 31 JUL	£115,500	£119,852	4% below HPI

2 FIRST AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Portsmouth local authority area over time, sourced from the HPI. The three 2 FIRST AVENUE sales between July 1998 and July 2023 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 August 2002 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the July 2023 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 2 FIRST AVENUE?

2 FIRST AVENUE is 122m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the largest 50% of detached houses in Portsmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Portsmouth, and where 2 FIRST AVENUE lies on this distribution: 51% of detached houses are smaller than 2 FIRST AVENUE, and 47% of houses are larger. Note that EPC data is not available for all properties in Portsmouth.

2 FIRST AVENUE: Plot and Title Map

2 FIRST AVENUE sits on a plot of roughly 0.124 of an acre, or 501m². The below map shows the location of 2 FIRST AVENUE, 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 FIRST AVENUE). 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 FIRST AVENUE?

2 FIRST AVENUE is located in FARLINGTON, in the PO6 postcode district. The below map shows the position of No. 2 on FIRST AVENUE.