2, THREE WAYS CLOSE, FAREHAM, PO14 2TF - £445,000

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 THREE WAYS CLOSE is a large extended detached house of 124m², built sometime from 2007 onwards. It was last sold for £445,000 in May 2017, which was around 2% above the average May 2017 detached price in the Fareham local authority area. The most recent EPC inspection was July 2016, where the current energy rating was C, and the potential energy rating was B.

2 THREE WAYS CLOSE Sold Prices

Land registry data shows two sales for 2 THREE WAYS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. Both of the two 2 THREE WAYS CLOSE 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 4 MAY	£445,000	£436,619	2% above HPI
2007 22 JUN	£390,000	£320,162	22% above HPI

2 THREE WAYS 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 two 2 THREE WAYS CLOSE sales from June 2007 and May 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 June 2007 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the May 2017 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 2 THREE WAYS CLOSE?

2 THREE WAYS CLOSE is 124m², which includes two extensions, according to the EPC inspection conducted in July 2016. This puts it in the largest 40% of detached houses in Stubbington, based on EPC data. The below chart shows the distribution of detached houses by size in Stubbington, and where 2 THREE WAYS CLOSE lies on this distribution: 63% of detached houses are smaller than 2 THREE WAYS CLOSE, and 37% of houses are larger. Note that EPC data is not available for all properties in Stubbington.

2 THREE WAYS CLOSE: Plot and Title Map

2 THREE WAYS CLOSE sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 2 THREE WAYS 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 THREE WAYS 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 THREE WAYS CLOSE?

2 THREE WAYS CLOSE is located in FAREHAM, in the PO14 postcode district. The below map shows the position of No. 2 on THREE WAYS CLOSE.