3, HOLMGROVE, FAREHAM, PO14 4PU - £382,500

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 HOLMGROVE is a midsized detached house of 121m², built sometime between 1976 and 1982, which could now be worth an estimated £553,234. It was last sold for £382,500 in August 2015, which was about the average August 2015 detached price in the Fareham local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was C.

3 HOLMGROVE Sold Prices

Land registry data shows two sales for 3 HOLMGROVE 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. One of the two 3 HOLMGROVE sales was roughly equal to the average price, whilst the other was 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
2015 28 AUG	£382,500	£381,776	Close to HPI
2011 4 FEB	£250,000	£313,699	20% below HPI

3 HOLMGROVE 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 HOLMGROVE sales from February 2011 and August 2015 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 February 2011 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the August 2015 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 3 HOLMGROVE be worth now?

3 HOLMGROVE might now be worth an estimated £553,234.

This is based on house price inflation of 44.6%, between August 2015 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 44.6% inflationary increase is applied to the most recent sale price for 3 HOLMGROVE of £382,500 on 28th August 2015. For the value to have increased from £382,500 to £553,234 over the ten years and six months to February 2025, the following assumptions must hold true:

• The value of 3 HOLMGROVE has moved in line with the HPI for detached houses in the Fareham local authority area.
• The August 2015 sale price of £382,500 represented a fair market value for the property.
• The size, condition, and specification of 3 HOLMGROVE has not materially changed since August 2015.

How Large is 3 HOLMGROVE?

3 HOLMGROVE is 121m² according to the EPC inspection conducted in September 2010. This puts it in the largest 50% of detached houses houses in Locks Heath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Locks Heath, and where 3 HOLMGROVE lies on this distribution: 57% of detached houses houses are smaller than 3 HOLMGROVE, and 42% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

3 HOLMGROVE: Plot and Title Map

3 HOLMGROVE sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of 3 HOLMGROVE, 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 HOLMGROVE). 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 HOLMGROVE?

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