2, FRANCIS PLACE, FAREHAM, PO14 2RX - £530,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 FRANCIS PLACE is a very large extended detached house of 150m², built sometime between 1950 and 1966, which could now be worth an estimated £586,072. It was last sold for £530,000 in June 2021, which was around 7% above the average June 2021 detached price in the Fareham local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was B.

2 FRANCIS PLACE Sold Prices

Land registry data shows four sales for 2 FRANCIS PLACE 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. Most of the four 2 FRANCIS PLACE 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
2021 30 JUN	£530,000	£495,128	7% above HPI
2006 17 NOV	£242,000	£304,672	21% below HPI
1999 19 NOV	£139,000	£146,441	5% below HPI
1998 8 SEP	£90,500	£131,275	31% below HPI

2 FRANCIS PLACE 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 FRANCIS PLACE sales between September 1998 and June 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 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the June 2021 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 2 FRANCIS PLACE be worth now?

2 FRANCIS PLACE might now be worth an estimated £586,072.

This is based on house price inflation of 10.6%, between June 2021 and December 2024, 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 10.6% inflationary increase is applied to the most recent sale price for 2 FRANCIS PLACE of £530,000 on 30th June 2021. For the value to have increased from £530,000 to £586,072 over the two years and six months to December 2024, the following assumptions must hold true:

• The value of 2 FRANCIS PLACE has moved in line with the HPI for detached houses in the Fareham local authority area.
• The June 2021 sale price of £530,000 represented a fair market value for the property.
• The size, condition, and specification of 2 FRANCIS PLACE has not materially changed since June 2021.

How Large is 2 FRANCIS PLACE?

2 FRANCIS PLACE is 150m², which includes two extensions, according to the EPC inspection conducted in April 2021. This puts it in the largest 20% of detached houses houses in Stubbington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stubbington, and where 2 FRANCIS PLACE lies on this distribution: 81% of detached houses houses are smaller than 2 FRANCIS PLACE, and 19% of houses are larger. Note that EPC data is not available for all properties in Stubbington.

2 FRANCIS PLACE: Plot and Title Map

2 FRANCIS PLACE sits on a plot of roughly 0.108 of an acre, or 438m². The below map shows the location of 2 FRANCIS PLACE, 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 FRANCIS PLACE). 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 FRANCIS PLACE?

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