24, STEINBECK CLOSE, WHITELEY, FAREHAM, PO15 7EX - £400,000

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 STEINBECK CLOSE is a small detached house of 101m², built sometime between 1996 and 2002, which could now be worth an estimated £431,143. It was last sold for £400,000 in August 2021, which was around 22% below the average August 2021 detached price in the Fareham local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was B.

24 STEINBECK CLOSE Sold Prices

Land registry data shows five sales for 24 STEINBECK CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. All of the five 24 STEINBECK 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
2021 12 AUG	£400,000	£512,301	22% below HPI
2017 31 JAN	£345,000	£431,232	20% below HPI
2014 22 AUG	£250,000	£358,394	30% below HPI
1999 15 JAN	£97,000	£132,155	27% below HPI
1997 26 MAR	£94,750	£113,578	17% below HPI

24 STEINBECK 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 five 24 STEINBECK CLOSE sales between March 1997 and August 2021 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 January 2017 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the August 2021 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 24 STEINBECK CLOSE be worth now?

24 STEINBECK CLOSE might now be worth an estimated £431,143.

This is based on house price inflation of 7.8%, between August 2021 and February 2025, for 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 7.8% inflationary increase is applied to the most recent sale price for 24 STEINBECK CLOSE of £400,000 on 12th August 2021. For the value to have increased from £400,000 to £431,143 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 24 STEINBECK CLOSE has moved in line with the HPI for detached houses in the Fareham local authority area.
• The August 2021 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 24 STEINBECK CLOSE has not materially changed since August 2021.

How Large is 24 STEINBECK CLOSE?

24 STEINBECK CLOSE is 101m² according to the EPC inspection conducted in April 2021. This puts it in the smallest 30% of detached houses houses in Whiteley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Whiteley, and where 24 STEINBECK CLOSE lies on this distribution: 26% of detached houses houses are smaller than 24 STEINBECK CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Whiteley.

24 STEINBECK CLOSE: Plot and Title Map

24 STEINBECK CLOSE sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 24 STEINBECK 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 STEINBECK 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 STEINBECK CLOSE?

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