2, THE GANNETS, FAREHAM, PO14 3SY - £285,000

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 THE GANNETS is a very small semi-detached house of 78m², built sometime between 1976 and 1982, which could now be worth an estimated £353,970. It was last sold for £285,000 in December 2017, which was around 3% above the average December 2017 semi-detached price in the Fareham local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was B.

2 THE GANNETS Sold Prices

Land registry data shows three sales for 2 THE GANNETS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Fareham local authority area for the corresponding sale date. All of the three 2 THE GANNETS sales were 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
2017 12 DEC	£285,000	£276,523	3% above HPI
2001 16 FEB	£112,500	£104,584	8% above HPI
1995 15 FEB	£65,000	£59,072	10% above HPI

2 THE GANNETS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Fareham local authority area over time, sourced from the HPI. The three 2 THE GANNETS sales between February 1995 and December 2017 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 February 2001 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the December 2017 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 2 THE GANNETS be worth now?

2 THE GANNETS might now be worth an estimated £353,970.

This is based on house price inflation of 24.2%, between December 2017 and February 2025, for semi-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 24.2% inflationary increase is applied to the most recent sale price for 2 THE GANNETS of £285,000 on 12th December 2017. For the value to have increased from £285,000 to £353,970 over the eight years and ten months to February 2025, the following assumptions must hold true:

• The value of 2 THE GANNETS has moved in line with the HPI for semi-detached houses in the Fareham local authority area.
• The December 2017 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE GANNETS has not materially changed since December 2017.

How Large is 2 THE GANNETS?

2 THE GANNETS is 78m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 20% of semi-detached houses houses in Stubbington, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Stubbington, and where 2 THE GANNETS lies on this distribution: 17% of semi-detached houses houses are smaller than 2 THE GANNETS, and 82% of houses are larger. Note that EPC data is not available for all properties in Stubbington.

2 THE GANNETS: Plot and Title Map

2 THE GANNETS sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of 2 THE GANNETS, 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 THE GANNETS). 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 THE GANNETS?

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