3, CREMYLL CLOSE, FAREHAM, PO14 2PU - £237,000

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

3 CREMYLL CLOSE is a small extended detached house of 95m², built sometime between 1967 and 1975, which could now be worth an estimated £427,837. It was last sold for £237,000 in October 2006, which was around 22% below the average October 2006 detached price in the Fareham local authority area. The most recent EPC inspection was April 2024, where the current energy rating was D, and the potential energy rating was C.

3 CREMYLL CLOSE Sold Prices

Land registry data shows two sales for 3 CREMYLL 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 3 CREMYLL 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
2006 20 OCT	£237,000	£303,293	22% below HPI
2002 3 MAY	£153,500	£219,428	30% below HPI

3 CREMYLL 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 3 CREMYLL CLOSE sales from May 2002 and October 2006 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 May 2002 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the October 2006 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 3 CREMYLL CLOSE be worth now?

3 CREMYLL CLOSE might now be worth an estimated £427,837.

This is based on house price inflation of 80.5%, between October 2006 and December 2024, 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 80.5% inflationary increase is applied to the most recent sale price for 3 CREMYLL CLOSE of £237,000 on 20th October 2006. For the value to have increased from £237,000 to £427,837 over the seventeen years and ten months to December 2024, the following assumptions must hold true:

• The value of 3 CREMYLL CLOSE has moved in line with the HPI for detached houses in the Fareham local authority area.
• The October 2006 sale price of £237,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CREMYLL CLOSE has not materially changed since October 2006.

How Large is 3 CREMYLL CLOSE?

3 CREMYLL CLOSE is 95m², which includes one extension, according to the EPC inspection conducted in April 2024. This puts it in the smallest 40% of detached houses houses in Stubbington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stubbington, and where 3 CREMYLL CLOSE lies on this distribution: 34% of detached houses houses are smaller than 3 CREMYLL CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Stubbington.

3 CREMYLL CLOSE: Plot and Title Map

3 CREMYLL CLOSE sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 3 CREMYLL 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 3 CREMYLL 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 3 CREMYLL CLOSE?

3 CREMYLL CLOSE is located in FAREHAM, in the PO14 postcode district. The below map shows the position of No. 3 on CREMYLL CLOSE.