21, ERIC ROAD, FAREHAM, PO14 2RP - £249,500

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

21 ERIC ROAD is a very small detached house of 50m², built sometime between 1950 and 1966. It was last sold for £249,500 in November 2010, which was around 23% below the average November 2010 detached price in the Fareham local authority area. The most recent EPC inspection was March 2010, where the current energy rating was F, and the potential energy rating was D.

21 ERIC ROAD Sold Prices

Land registry data shows two sales for 21 ERIC ROAD 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 21 ERIC ROAD 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
2010 15 NOV	£249,500	£325,372	23% below HPI
2003 11 SEP	£207,500	£266,343	22% below HPI

21 ERIC ROAD 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 21 ERIC ROAD sales from September 2003 and November 2010 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 September 2003 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2010 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 21 ERIC ROAD?

21 ERIC ROAD is 50m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 10% of detached houses in Stubbington, based on EPC data. The below chart shows the distribution of detached houses by size in Stubbington, and where 21 ERIC ROAD lies on this distribution: 2% of detached houses are smaller than 21 ERIC ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Stubbington.

21 ERIC ROAD: Plot and Title Map

21 ERIC ROAD sits on a plot of roughly 0.101 of an acre, or 407m². The below map shows the location of 21 ERIC ROAD, 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 21 ERIC ROAD). 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 21 ERIC ROAD?

21 ERIC ROAD is located in FAREHAM, in the PO14 postcode district. The below map shows the position of No. 21 on ERIC ROAD.