20, SALTERNS LANE, FAREHAM, PO16 0QP - £325,000

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.

20 SALTERNS LANE is a midsized extended detached house of 120m², built sometime between 1983 and 1990, which could now be worth an estimated £387,850. It was last sold for £325,000 in February 2019, which was around 30% below the average February 2019 detached price in the Fareham local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.

20 SALTERNS LANE Sold Prices

Land registry data shows two sales for 20 SALTERNS LANE 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 20 SALTERNS LANE 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
2019 27 FEB	£325,000	£462,707	30% below HPI
2000 24 OCT	£155,000	£186,758	17% below HPI

20 SALTERNS LANE 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 20 SALTERNS LANE sales from October 2000 and February 2019 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 October 2000 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the February 2019 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 20 SALTERNS LANE be worth now?

20 SALTERNS LANE might now be worth an estimated £387,850.

This is based on house price inflation of 19.3%, between February 2019 and February 2025, for 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 19.3% inflationary increase is applied to the most recent sale price for 20 SALTERNS LANE of £325,000 on 27th February 2019. For the value to have increased from £325,000 to £387,850 over the six years to February 2025, the following assumptions must hold true:

• The value of 20 SALTERNS LANE has moved in line with the HPI for detached houses in the Fareham local authority area.
• The February 2019 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 20 SALTERNS LANE has not materially changed since February 2019.

How Large is 20 SALTERNS LANE?

20 SALTERNS LANE is 120m², which includes one extension, according to the EPC inspection conducted in November 2018. This puts it in the largest 50% of detached houses houses in Fareham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fareham, and where 20 SALTERNS LANE lies on this distribution: 54% of detached houses houses are smaller than 20 SALTERNS LANE, and 45% of houses are larger. Note that EPC data is not available for all properties in Fareham.

20 SALTERNS LANE: Plot and Title Map

20 SALTERNS LANE sits on a plot of roughly 0.114 of an acre, or 461m². The below map shows the location of 20 SALTERNS LANE, 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 20 SALTERNS LANE). 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 20 SALTERNS LANE?

20 SALTERNS LANE is located in FAREHAM, in the PO16 postcode district. The below map shows the position of No. 20 on SALTERNS LANE.