2, GREBE CLOSE, FAREHAM, PO16 8QN - £300,000

2 GREBE CLOSE is a very small detached house of 52m², built sometime between 1983 and 1990. It was last sold for £300,000 in October 2022, which was around 47% below the average October 2022 detached price in the Fareham local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

2 GREBE CLOSE Sold Prices

Land registry data shows four sales for 2 GREBE 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. All of the four 2 GREBE CLOSE 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
2022 19 OCT	£300,000	£566,054	47% below HPI
2008 4 JUN	£169,000	£322,529	48% below HPI
1999 30 NOV	£81,000	£145,090	44% below HPI
1996 18 NOV	£52,750	£107,807	51% below HPI

2 GREBE 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 GREBE CLOSE sales between November 1996 and October 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 June 2008 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the October 2022 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 2 GREBE CLOSE?

2 GREBE CLOSE is 52m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 10% of detached houses in Fareham, based on EPC data. The below chart shows the distribution of detached houses by size in Fareham, and where 2 GREBE CLOSE lies on this distribution: 1% of detached houses are smaller than 2 GREBE CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Fareham.

2 GREBE CLOSE: Plot and Title Map

2 GREBE CLOSE sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 2 GREBE 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 GREBE 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 GREBE CLOSE?

2 GREBE CLOSE is located in FAREHAM, in the PO16 postcode district. The below map shows the position of No. 2 on GREBE CLOSE.