25, CORNAWAY LANE, FAREHAM, PO16 9DA - £312,500

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

25 CORNAWAY LANE is a very small extended detached house of 70m², built sometime between 1930 and 1949. It was last sold for £312,500 in March 2016, which was around 23% below the average March 2016 detached price in the Fareham local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.

25 CORNAWAY LANE Sold Prices

Land registry data shows three sales for 25 CORNAWAY LANE 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 25 CORNAWAY LANE 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 16 MAR	£312,500	£405,004	23% below HPI
2010 2 JUL	£230,000	£315,832	27% below HPI
1996 9 AUG	£84,000	£106,354	21% below HPI

25 CORNAWAY LANE 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 25 CORNAWAY LANE sales between August 1996 and March 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 July 2010 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the March 2016 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 25 CORNAWAY LANE?

25 CORNAWAY LANE is 70m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the smallest 10% of detached houses in Portsmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Portsmouth, and where 25 CORNAWAY LANE lies on this distribution: 8% of detached houses are smaller than 25 CORNAWAY LANE, and 92% of houses are larger. Note that EPC data is not available for all properties in Portsmouth.

25 CORNAWAY LANE: Plot and Title Map

25 CORNAWAY LANE sits on a plot of roughly 0.084 of an acre, or 338m². The below map shows the location of 25 CORNAWAY LANE, 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 25 CORNAWAY LANE). 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 25 CORNAWAY LANE?

25 CORNAWAY LANE is located in FAREHAM, in the PO16 postcode district. The below map shows the position of No. 25 on CORNAWAY LANE.