34, THE RIDGEWAY, FAREHAM, PO16 8RE - £720,000

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

34 THE RIDGEWAY is a very large detached house of 166m², built sometime between 1967 and 1975. It was last sold for £720,000 in December 2023, which was around 33% above the average December 2023 detached price in the Fareham local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was C.

34 THE RIDGEWAY Sold Prices

Land registry data shows three sales for 34 THE RIDGEWAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. All of the three 34 THE RIDGEWAY 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
2023 12 DEC	£720,000	£542,262	33% above HPI
2002 7 JUN	£325,000	£220,624	47% above HPI
1998 15 MAY	£180,000	£129,028	40% above HPI

34 THE RIDGEWAY 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 three 34 THE RIDGEWAY sales between May 1998 and December 2023 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 June 2002 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the December 2023 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is 34 THE RIDGEWAY?

34 THE RIDGEWAY is 166m² according to the EPC inspection conducted in March 2023. This puts it in the largest 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 34 THE RIDGEWAY lies on this distribution: 82% of detached houses are smaller than 34 THE RIDGEWAY, and 18% of houses are larger. Note that EPC data is not available for all properties in Fareham.

34 THE RIDGEWAY: Plot and Title Map

34 THE RIDGEWAY sits on a plot of roughly 0.217 of an acre, or 878m². The below map shows the location of 34 THE RIDGEWAY, 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 34 THE RIDGEWAY). 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 34 THE RIDGEWAY?

34 THE RIDGEWAY is located in FAREHAM, in the PO16 postcode district. The below map shows the position of No. 34 on THE RIDGEWAY.