3, PEAK DRIVE, FAREHAM, PO14 1RL - £740,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 PEAK DRIVE is a very large extended detached house of 187m², built sometime between 1967 and 1975, which could now be worth an estimated £713,687. It was last sold for £740,000 in October 2022, which was around 29% above the average October 2022 detached price in the Fareham local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was B.

3 PEAK DRIVE Sold Prices

Land registry data shows two sales for 3 PEAK DRIVE 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 PEAK DRIVE sales were for above 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
2022 26 OCT	£740,000	£572,546	29% above HPI
1996 29 AUG	£132,000	£107,344	23% above HPI

3 PEAK DRIVE 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 PEAK DRIVE sales from August 1996 and October 2022 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 1996 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the October 2022 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 3 PEAK DRIVE be worth now?

3 PEAK DRIVE might now be worth an estimated £713,687.

This is based on house price deflation of 3.6%, between October 2022 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 3.6% deflationary decrease is applied to the most recent sale price for 3 PEAK DRIVE of £740,000 on 26th October 2022. For the value to have decreased from £740,000 to £713,687 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 3 PEAK DRIVE has moved in line with the HPI for detached houses in the Fareham local authority area.
• The October 2022 sale price of £740,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PEAK DRIVE has not materially changed since October 2022.

How Large is 3 PEAK DRIVE?

3 PEAK DRIVE is 187m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the largest 20% 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 PEAK DRIVE lies on this distribution: 89% of detached houses houses are smaller than 3 PEAK DRIVE, and 11% of houses are larger. Note that EPC data is not available for all properties in Fareham.

3 PEAK DRIVE: Plot and Title Map

3 PEAK DRIVE sits on a plot of roughly 0.157 of an acre, or 634m². The below map shows the location of 3 PEAK DRIVE, 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 PEAK DRIVE). 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 PEAK DRIVE?

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