3, HEATH LAWNS, FAREHAM, PO15 5QB - £450,000

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.

3 HEATH LAWNS is a small detached house of 88m², built sometime between 1930 and 1949, which could now be worth an estimated £485,035. It was last sold for £450,000 in August 2021, which was around 12% below the average August 2021 detached price in the Fareham local authority area. The most recent EPC inspection was May 2016, where the current energy rating was E, and the potential energy rating was A.

3 HEATH LAWNS Sold Prices

Land registry data shows two sales for 3 HEATH LAWNS 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 HEATH LAWNS 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 25 AUG	£450,000	£512,301	12% below HPI
2014 21 MAR	£260,000	£342,429	24% below HPI

3 HEATH LAWNS 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 HEATH LAWNS sales from March 2014 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 March 2014 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2021 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 3 HEATH LAWNS be worth now?

3 HEATH LAWNS might now be worth an estimated £485,035.

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 3 HEATH LAWNS of £450,000 on 25th August 2021. For the value to have increased from £450,000 to £485,035 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 3 HEATH LAWNS has moved in line with the HPI for detached houses in the Fareham local authority area.
• The August 2021 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HEATH LAWNS has not materially changed since August 2021.

How Large is 3 HEATH LAWNS?

3 HEATH LAWNS is 88m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 30% of detached houses houses in Fareham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fareham, and where 3 HEATH LAWNS lies on this distribution: 21% of detached houses houses are smaller than 3 HEATH LAWNS, and 77% of houses are larger. Note that EPC data is not available for all properties in Fareham.

3 HEATH LAWNS: Plot and Title Map

3 HEATH LAWNS sits on a plot of roughly 0.124 of an acre, or 503m². The below map shows the location of 3 HEATH LAWNS, 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 HEATH LAWNS). 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 HEATH LAWNS?

3 HEATH LAWNS is located in FAREHAM, in the PO15 postcode district. The below map shows the position of No. 3 on HEATH LAWNS.