3, NICHOLAS CRESCENT, FAREHAM, PO15 5AQ - £225,000

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 NICHOLAS CRESCENT is a very small detached house of 83m², built sometime between 1950 and 1966. It was last sold for £225,000 in August 2009, which was around 21% below the average August 2009 detached price in the Fareham local authority area. The most recent EPC inspection was February 2019, where the current energy rating was E, and the potential energy rating was C.

3 NICHOLAS CRESCENT Sold Prices

Land registry data shows two sales for 3 NICHOLAS CRESCENT 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 NICHOLAS CRESCENT 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
2009 21 AUG	£225,000	£283,177	21% below HPI
2006 15 AUG	£225,000	£296,700	24% below HPI

3 NICHOLAS CRESCENT 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 NICHOLAS CRESCENT sales from August 2006 and August 2009 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 2006 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2009 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 3 NICHOLAS CRESCENT?

3 NICHOLAS CRESCENT is 83m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 20% 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 NICHOLAS CRESCENT lies on this distribution: 16% of detached houses are smaller than 3 NICHOLAS CRESCENT, and 83% of houses are larger. Note that EPC data is not available for all properties in Fareham.

3 NICHOLAS CRESCENT: Plot and Title Map

3 NICHOLAS CRESCENT sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 3 NICHOLAS CRESCENT, 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 NICHOLAS CRESCENT). 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 NICHOLAS CRESCENT?

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