23, SOUTH LODGE, FAREHAM, PO15 5NQ - £430,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

23 SOUTH LODGE is a very small detached house of 84m², built sometime between 1967 and 1975. It was last sold for £430,000 in October 2020, which was around 9% below the average October 2020 detached price in the Fareham local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

23 SOUTH LODGE Sold Prices

Land registry data shows three sales for 23 SOUTH LODGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. All of the three 23 SOUTH LODGE 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
2020 13 OCT	£430,000	£471,185	9% below HPI
2016 15 NOV	£380,000	£422,489	10% below HPI
2005 22 SEP	£240,000	£288,527	17% below HPI

23 SOUTH LODGE 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 three 23 SOUTH LODGE sales between September 2005 and October 2020 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 November 2016 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the October 2020 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 23 SOUTH LODGE?

23 SOUTH LODGE is 84m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 20% of detached houses in Fareham, based on EPC data. The below chart shows the distribution of detached houses by size in Fareham, and where 23 SOUTH LODGE lies on this distribution: 17% of detached houses are smaller than 23 SOUTH LODGE, and 82% of houses are larger. Note that EPC data is not available for all properties in Fareham.

23 SOUTH LODGE: Plot and Title Map

23 SOUTH LODGE sits on a plot of roughly 0.153 of an acre, or 621m². The below map shows the location of 23 SOUTH LODGE, 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 23 SOUTH LODGE). 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 23 SOUTH LODGE?

23 SOUTH LODGE is located in FAREHAM, in the PO15 postcode district. The below map shows the position of No. 23 on SOUTH LODGE.