24, ELGIN CLOSE, FAREHAM, PO15 6AW - £313,500

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

24 ELGIN CLOSE is a small detached house of 94m², built sometime between 1983 and 1990. It was last sold for £313,500 in July 2016, which was around 24% below the average July 2016 detached price in the Fareham local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

24 ELGIN CLOSE Sold Prices

Land registry data shows two sales for 24 ELGIN 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 24 ELGIN CLOSE 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
2016 26 JUL	£313,500	£415,062	24% below HPI
2005 14 OCT	£227,500	£283,544	20% below HPI

24 ELGIN 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 24 ELGIN CLOSE sales from October 2005 and July 2016 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 2005 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2016 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 24 ELGIN CLOSE?

24 ELGIN CLOSE is 94m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 30% of detached houses in Fareham, based on EPC data. The below chart shows the distribution of detached houses by size in Fareham, and where 24 ELGIN CLOSE lies on this distribution: 28% of detached houses are smaller than 24 ELGIN CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Fareham.

24 ELGIN CLOSE: Plot and Title Map

24 ELGIN CLOSE sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 24 ELGIN 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 24 ELGIN 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 24 ELGIN CLOSE?

24 ELGIN CLOSE is located in FAREHAM, in the PO15 postcode district. The below map shows the position of No. 24 on ELGIN CLOSE.