2, OAK GLADE, FAREHAM, PO15 6UB - £350,000

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 OAK GLADE is a small detached house of 96m², built sometime between 1996 and 2002. It was last sold for £350,000 in July 2016, which was around 16% below the average July 2016 detached price in the Fareham local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.

2 OAK GLADE Sold Prices

Land registry data shows three sales for 2 OAK GLADE 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. Two of the three 2 OAK GLADE sales were for below the average price, whilst one was for above 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
2016 29 JUL	£350,000	£415,062	16% below HPI
2012 21 SEP	£242,500	£319,243	24% below HPI
1998 16 OCT	£138,720	£131,322	6% above HPI

2 OAK GLADE 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 OAK GLADE sales between October 1998 and July 2016 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 September 2012 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the July 2016 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 2 OAK GLADE?

2 OAK GLADE is 96m² according to the EPC inspection conducted in March 2024. This puts it in the smallest 30% 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 OAK GLADE lies on this distribution: 29% of detached houses are smaller than 2 OAK GLADE, and 70% of houses are larger. Note that EPC data is not available for all properties in Fareham.

2 OAK GLADE: Plot and Title Map

2 OAK GLADE sits on a plot of roughly 0.125 of an acre, or 506m². The below map shows the location of 2 OAK GLADE, 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 OAK GLADE). 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 OAK GLADE?

2 OAK GLADE is located in FAREHAM, in the PO15 postcode district. The below map shows the position of No. 2 on OAK GLADE.