32, REDLANDS LANE, FAREHAM, PO14 1EZ - £300,000

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

32 REDLANDS LANE is a small extended detached house of 98m², built sometime between 1950 and 1966. It was last sold for £300,000 in July 2020, which was around 36% below the average July 2020 detached price in the Fareham local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

32 REDLANDS LANE Sold Prices

Land registry data shows two sales for 32 REDLANDS LANE 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 32 REDLANDS LANE 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
2020 31 JUL	£300,000	£465,225	36% below HPI
1995 8 MAR	£80,000	£100,371	20% below HPI

32 REDLANDS LANE 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 32 REDLANDS LANE sales from March 1995 and July 2020 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 March 1995 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2020 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 32 REDLANDS LANE?

32 REDLANDS LANE is 98m², which includes one extension, according to the EPC inspection conducted in March 2019. 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 32 REDLANDS LANE lies on this distribution: 32% of detached houses are smaller than 32 REDLANDS LANE, and 68% of houses are larger. Note that EPC data is not available for all properties in Fareham.

32 REDLANDS LANE: Plot and Title Map

32 REDLANDS LANE sits on a plot of roughly 0.133 of an acre, or 540m². The below map shows the location of 32 REDLANDS LANE, 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 32 REDLANDS LANE). 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 32 REDLANDS LANE?

32 REDLANDS LANE is located in FAREHAM, in the PO14 postcode district. The below map shows the position of No. 32 on REDLANDS LANE.