37, CHERRYGARTH ROAD, FAREHAM, PO15 5NA - £500,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

37 CHERRYGARTH ROAD is a large extended detached house of 133m², built sometime between 1976 and 1982, which could now be worth an estimated £492,610. It was last sold for £500,000 in June 2022, which was around 10% below the average June 2022 detached price in the Fareham local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.

37 CHERRYGARTH ROAD Sold Prices

Land registry data shows two sales for 37 CHERRYGARTH ROAD 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 37 CHERRYGARTH ROAD 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
2022 24 JUN	£500,000	£557,953	10% below HPI
2022 5 MAY	£493,333	£548,145	10% below HPI

37 CHERRYGARTH ROAD 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 37 CHERRYGARTH ROAD sales from May 2022 and June 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 May 2022 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the June 2022 sale, which was also at 10% below the HPI.

What might 37 CHERRYGARTH ROAD be worth now?

37 CHERRYGARTH ROAD might now be worth an estimated £492,610.

This is based on house price deflation of 1.5%, between June 2022 and March 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 1.5% deflationary decrease is applied to the most recent sale price for 37 CHERRYGARTH ROAD of £500,000 on 24th June 2022. For the value to have decreased from £500,000 to £492,610 over the three years and three months to March 2025, the following assumptions must hold true:

• The value of 37 CHERRYGARTH ROAD has moved in line with the HPI for detached houses in the Fareham local authority area.
• The June 2022 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 37 CHERRYGARTH ROAD has not materially changed since June 2022.

How Large is 37 CHERRYGARTH ROAD?

37 CHERRYGARTH ROAD is 133m², which includes two extensions, according to the EPC inspection conducted in February 2022. This puts it in the largest 40% 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 37 CHERRYGARTH ROAD lies on this distribution: 64% of detached houses houses are smaller than 37 CHERRYGARTH ROAD, and 35% of houses are larger. Note that EPC data is not available for all properties in Fareham.

37 CHERRYGARTH ROAD: Plot and Title Map

37 CHERRYGARTH ROAD sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 37 CHERRYGARTH ROAD, 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 37 CHERRYGARTH ROAD). 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 37 CHERRYGARTH ROAD?

37 CHERRYGARTH ROAD is located in FAREHAM, in the PO15 postcode district. The below map shows the position of No. 37 on CHERRYGARTH ROAD.