24, PLACE HOUSE CLOSE, FAREHAM, PO15 5BH - £272,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

24 PLACE HOUSE CLOSE is a small semi-detached house of 90m², built sometime between 1930 and 1949, which could now be worth an estimated £343,939. It was last sold for £272,000 in May 2018, which was about the average May 2018 semi-detached price in the Fareham local authority area. The most recent EPC inspection was July 2016, where the current energy rating was E, and the potential energy rating was D.

24 PLACE HOUSE CLOSE Sold Prices

Land registry data shows two sales for 24 PLACE HOUSE CLOSE 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 Fareham local authority area for the corresponding sale date. One of the two 24 PLACE HOUSE CLOSE sales was roughly equal to the average price, whilst the other was 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
2018 22 MAY	£272,000	£271,607	Close to HPI
2011 3 JUN	£175,000	£198,686	12% below HPI

24 PLACE HOUSE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Fareham local authority area over time, sourced from the HPI. The two 24 PLACE HOUSE CLOSE sales from June 2011 and May 2018 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 June 2011 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the May 2018 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 24 PLACE HOUSE CLOSE be worth now?

24 PLACE HOUSE CLOSE might now be worth an estimated £343,939.

This is based on house price inflation of 26.4%, between May 2018 and February 2025, for semi-detached houses, in the Fareham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 26.4% inflationary increase is applied to the most recent sale price for 24 PLACE HOUSE CLOSE of £272,000 on 22nd May 2018. For the value to have increased from £272,000 to £343,939 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of 24 PLACE HOUSE CLOSE has moved in line with the HPI for semi-detached houses in the Fareham local authority area.
• The May 2018 sale price of £272,000 represented a fair market value for the property.
• The size, condition, and specification of 24 PLACE HOUSE CLOSE has not materially changed since May 2018.

How Large is 24 PLACE HOUSE CLOSE?

24 PLACE HOUSE CLOSE is 90m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 30% of semi-detached houses houses in Fareham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Fareham, and where 24 PLACE HOUSE CLOSE lies on this distribution: 24% of semi-detached houses houses are smaller than 24 PLACE HOUSE CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Fareham.

24 PLACE HOUSE CLOSE: Plot and Title Map

24 PLACE HOUSE CLOSE sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 24 PLACE HOUSE 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 PLACE HOUSE 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 PLACE HOUSE CLOSE?

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