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

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

3 HEATH LAWNS is a small detached house of 88m², built sometime between 1930 and 1949. It was last sold for £450,000 in August 2021, which was around 11% 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	£507,575	11% below HPI
2014 21 MAR	£260,000	£339,271	23% 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 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2021 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

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 in Fareham, based on EPC data. The below chart shows the distribution of detached houses by size in Fareham, and where 3 HEATH LAWNS lies on this distribution: 22% of detached 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.