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
3 GARDENIA DRIVE is a midsized extended detached house of 112m², built sometime between 1996 and 2002. It was last sold for £438,000 in September 2021, which was around 14% below the average September 2021 detached price in the Fareham local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 3 GARDENIA DRIVE since 1st 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 3 GARDENIA DRIVE 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 30 SEP | £438,000 | £511,506 | 14% below HPI |
2018 31 OCT | £367,500 | £457,200 | 20% below HPI |
2016 24 MAR | £349,950 | £405,004 | 14% below HPI |
2002 4 JAN | £156,500 | £210,905 | 26% below HPI |
1999 2 JUL | £120,450 | £137,703 | 13% below HPI |
The below graph shows the average detached house price in the Fareham local authority area over time, sourced from the HPI. The five 3 GARDENIA DRIVE sales between July 1999 and September 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 October 2018 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 2021 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.
3 GARDENIA DRIVE is 112m², which includes three extensions, according to the EPC inspection conducted in January 2016. This puts it in the largest 50% of detached houses in Titchfield Park, based on EPC data. The below chart shows the distribution of detached houses by size in Titchfield Park, and where 3 GARDENIA DRIVE lies on this distribution: 50% of detached houses are smaller than 3 GARDENIA DRIVE, and 49% of houses are larger. Note that EPC data is not available for all properties in Titchfield Park.
3 GARDENIA DRIVE sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 3 GARDENIA DRIVE, 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 GARDENIA DRIVE). 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.
3 GARDENIA DRIVE is located in FAREHAM, in the PO15 postcode district. The below map shows the position of No. 3 on GARDENIA DRIVE.