2, GREEN HOLLOW CLOSE, FAREHAM, PO16 7XP - £394,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 GREEN HOLLOW CLOSE is a very small detached house of 84m², built sometime between 1967 and 1975, which could now be worth an estimated £479,786. It was last sold for £394,000 in May 2020, which was around 13% below the average May 2020 detached price in the Fareham local authority area. The most recent EPC inspection was August 2017, where the current energy rating was C, and the potential energy rating was B.

2 GREEN HOLLOW CLOSE Sold Prices

Land registry data shows three sales for 2 GREEN HOLLOW 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 GREEN HOLLOW 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
2020 22 MAY	£394,000	£453,456	13% below HPI
2018 26 JAN	£364,000	£449,337	19% below HPI
2002 29 OCT	£205,000	£246,895	17% below HPI

2 GREEN HOLLOW 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 GREEN HOLLOW CLOSE sales between October 2002 and May 2020 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 January 2018 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the May 2020 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 2 GREEN HOLLOW CLOSE be worth now?

2 GREEN HOLLOW CLOSE might now be worth an estimated £479,786.

This is based on house price inflation of 21.8%, between May 2020 and February 2025, 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 21.8% inflationary increase is applied to the most recent sale price for 2 GREEN HOLLOW CLOSE of £394,000 on 22nd May 2020. For the value to have increased from £394,000 to £479,786 over the five years and three months to February 2025, the following assumptions must hold true:

• The value of 2 GREEN HOLLOW CLOSE has moved in line with the HPI for detached houses in the Fareham local authority area.
• The May 2020 sale price of £394,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GREEN HOLLOW CLOSE has not materially changed since May 2020.

How Large is 2 GREEN HOLLOW CLOSE?

2 GREEN HOLLOW CLOSE is 84m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 20% of detached houses houses in Fareham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fareham, and where 2 GREEN HOLLOW CLOSE lies on this distribution: 17% of detached houses houses are smaller than 2 GREEN HOLLOW CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Fareham.

2 GREEN HOLLOW CLOSE: Plot and Title Map

2 GREEN HOLLOW CLOSE sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of 2 GREEN HOLLOW 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 GREEN HOLLOW 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 GREEN HOLLOW CLOSE?

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