2, HOLLAM DRIVE, FAREHAM, PO14 3DY - £385,000

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 HOLLAM DRIVE is a small extended detached house of 101m², built sometime between 1967 and 1975. It was last sold for £385,000 in June 2022, which was around 30% below the average June 2022 detached price in the Fareham local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

2 HOLLAM DRIVE Sold Prices

Land registry data shows four sales for 2 HOLLAM DRIVE 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 HOLLAM DRIVE 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 24 JUN	£385,000	£552,806	30% below HPI
2010 7 JUL	£223,925	£315,832	29% below HPI
2004 30 APR	£204,000	£271,430	25% below HPI
2001 31 OCT	£137,500	£206,826	34% below HPI

2 HOLLAM DRIVE 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 HOLLAM DRIVE sales between October 2001 and June 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 July 2010 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the June 2022 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 2 HOLLAM DRIVE?

2 HOLLAM DRIVE is 101m², which includes two extensions, according to the EPC inspection conducted in September 2021. This puts it in the smallest 40% 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 HOLLAM DRIVE lies on this distribution: 34% of detached houses are smaller than 2 HOLLAM DRIVE, and 65% of houses are larger. Note that EPC data is not available for all properties in Fareham.

2 HOLLAM DRIVE: Plot and Title Map

2 HOLLAM DRIVE sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 2 HOLLAM DRIVE, 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 HOLLAM DRIVE). 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 HOLLAM DRIVE?

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