203, GUDGE HEATH LANE, FAREHAM, PO15 6PZ - £325,000

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

203 GUDGE HEATH LANE is a very small detached house of 60m², built sometime between 1930 and 1949. It was last sold for £325,000 in November 2023, which was around 41% below the average November 2023 detached price in the Fareham local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.

203 GUDGE HEATH LANE Sold Prices

Land registry data shows two sales for 203 GUDGE HEATH 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 203 GUDGE HEATH 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
2023 7 NOV	£325,000	£546,687	41% below HPI
2023 10 FEB	£300,000	£562,107	47% below HPI

203 GUDGE HEATH 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 203 GUDGE HEATH LANE sales from February 2023 and November 2023 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 2023 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the November 2023 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 203 GUDGE HEATH LANE?

203 GUDGE HEATH LANE is 60m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 10% of detached houses in Fareham, based on EPC data. The below chart shows the distribution of detached houses by size in Fareham, and where 203 GUDGE HEATH LANE lies on this distribution: 3% of detached houses are smaller than 203 GUDGE HEATH LANE, and 97% of houses are larger. Note that EPC data is not available for all properties in Fareham.

203 GUDGE HEATH LANE: Plot and Title Map

203 GUDGE HEATH LANE sits on a plot of roughly 0.137 of an acre, or 556m². The below map shows the location of 203 GUDGE HEATH 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 203 GUDGE HEATH 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 203 GUDGE HEATH LANE?

203 GUDGE HEATH LANE is located in FAREHAM, in the PO15 postcode district. The below map shows the position of No. 203 on GUDGE HEATH LANE.