Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
2 OLDENBURG is a midsized extended detached house of 116m², built sometime between 1996 and 2002. It was last sold for £440,000 in October 2018, which was around 4% below the average October 2018 detached price in the Fareham local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows six sales for 2 OLDENBURG since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. All of the six 2 OLDENBURG 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 |
---|---|---|---|
2018 22 OCT | £440,000 | £457,200 | 4% below HPI |
2014 12 JUN | £299,950 | £344,421 | 13% below HPI |
2009 4 NOV | £250,000 | £302,736 | 17% below HPI |
2003 31 OCT | £235,000 | £269,644 | 13% below HPI |
2001 15 JUN | £173,500 | £186,326 | 7% below HPI |
1995 12 MAY | £95,000 | £99,845 | 5% below HPI |
The below graph shows the average detached house price in the Fareham local authority area over time, sourced from the HPI. The six 2 OLDENBURG sales between May 1995 and October 2018 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 2014 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the October 2018 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.
2 OLDENBURG is 116m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the largest 50% of detached houses in Whiteley, based on EPC data. The below chart shows the distribution of detached houses by size in Whiteley, and where 2 OLDENBURG lies on this distribution: 49% of detached houses are smaller than 2 OLDENBURG, and 50% of houses are larger. Note that EPC data is not available for all properties in Whiteley.
2 OLDENBURG sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 2 OLDENBURG, 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 OLDENBURG). 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.
2 OLDENBURG is located in WHITELEY, in the PO15 postcode district. The below map shows the position of No. 2 on OLDENBURG.