3, VERYAN, FAREHAM, PO14 1NN - £400,000

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 VERYAN is a large extended detached house of 137m², built sometime between 1983 and 1990. It was last sold for £400,000 in July 2013, which was around 25% above the average July 2013 detached price in the Fareham local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was D.

3 VERYAN Sold Prices

Land registry data shows two sales for 3 VERYAN 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 VERYAN 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
2013 15 JUL	£400,000	£320,466	25% above HPI
2006 18 JUL	£385,000	£294,068	31% above HPI

3 VERYAN 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 VERYAN sales from July 2006 and July 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 July 2006 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the July 2013 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 3 VERYAN?

3 VERYAN is 137m², which includes one extension, according to the EPC inspection conducted in November 2011. This puts it in the largest 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 VERYAN lies on this distribution: 67% of detached houses are smaller than 3 VERYAN, and 33% of houses are larger. Note that EPC data is not available for all properties in Fareham.

3 VERYAN: Plot and Title Map

3 VERYAN sits on a plot of roughly 0.182 of an acre, or 738m². The below map shows the location of 3 VERYAN, 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 VERYAN). 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 VERYAN?

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