24, PARK APPROACH, KNOWLE, FAREHAM, PO17 5NR - £265,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

24 PARK APPROACH is a midsized semi-detached house of 145m², built sometime between 1996 and 2002, which could now be worth an estimated £553,438. It was last sold for £265,000 in August 2004, which was around 9% above the average August 2004 semi-detached price in the Winchester local authority area. The most recent EPC inspection was July 2012, where the current energy rating was C, and the potential energy rating was B.

24 PARK APPROACH Sold Prices

Land registry data shows two sales for 24 PARK APPROACH since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Winchester local authority area for the corresponding sale date. Both of the two 24 PARK APPROACH sales were for above 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
2004 6 AUG	£265,000	£243,650	9% above HPI
2002 15 NOV	£244,950	£208,747	17% above HPI

24 PARK APPROACH Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Winchester local authority area over time, sourced from the HPI. The two 24 PARK APPROACH sales from November 2002 and August 2004 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 2002 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the August 2004 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 24 PARK APPROACH be worth now?

24 PARK APPROACH might now be worth an estimated £553,438.

This is based on house price inflation of 108.8%, between August 2004 and December 2024, for semi-detached houses, in the Winchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 108.8% inflationary increase is applied to the most recent sale price for 24 PARK APPROACH of £265,000 on 6th August 2004. For the value to have increased from £265,000 to £553,438 over the nineteen years and eight months to December 2024, the following assumptions must hold true:

• The value of 24 PARK APPROACH has moved in line with the HPI for semi-detached houses in the Winchester local authority area.
• The August 2004 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 24 PARK APPROACH has not materially changed since August 2004.

How Large is 24 PARK APPROACH?

24 PARK APPROACH is 145m² according to the EPC inspection conducted in July 2012. This puts it in the largest 50% of semi-detached houses houses in Knowle, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Knowle, and where 24 PARK APPROACH lies on this distribution: 58% of semi-detached houses houses are smaller than 24 PARK APPROACH, and 42% of houses are larger. Note that EPC data is not available for all properties in Knowle.

24 PARK APPROACH: Plot and Title Map

24 PARK APPROACH sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 24 PARK APPROACH, 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 PARK APPROACH). 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 PARK APPROACH?

24 PARK APPROACH is located in KNOWLE, in the PO17 postcode district. The below map shows the position of No. 24 on PARK APPROACH.