3, INVERNESS AVENUE, FAREHAM, PO15 6AT - £290,000

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 INVERNESS AVENUE is a small extended detached house of 102m², built sometime between 1950 and 1966. It was last sold for £290,000 in September 2013, which was around 11% below the average September 2013 detached price in the Fareham local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

3 INVERNESS AVENUE Sold Prices

Land registry data shows two sales for 3 INVERNESS AVENUE 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 INVERNESS AVENUE 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
2013 27 SEP	£290,000	£325,378	11% below HPI
2010 20 AUG	£249,995	£318,974	22% below HPI

3 INVERNESS AVENUE 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 INVERNESS AVENUE sales from August 2010 and September 2013 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 August 2010 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the September 2013 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 3 INVERNESS AVENUE?

3 INVERNESS AVENUE is 102m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the smallest 40% 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 INVERNESS AVENUE lies on this distribution: 35% of detached houses are smaller than 3 INVERNESS AVENUE, and 64% of houses are larger. Note that EPC data is not available for all properties in Fareham.

3 INVERNESS AVENUE: Plot and Title Map

3 INVERNESS AVENUE sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 3 INVERNESS AVENUE, 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 INVERNESS AVENUE). 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 INVERNESS AVENUE?

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