38, LICHFIELD ROAD, FAREHAM, PO14 4QN - £500,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

38 LICHFIELD ROAD is a small extended detached house of 105m², built sometime between 2003 and 2006. It was last sold for £500,000 in June 2023, which was around 11% below the average June 2023 detached price in the Fareham local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was B.

38 LICHFIELD ROAD Sold Prices

Land registry data shows two sales for 38 LICHFIELD 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. One of the two 38 LICHFIELD ROAD sales was for below the average price, whilst the other was 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 15 JUN	£500,000	£562,389	11% below HPI
2007 23 NOV	£334,950	£327,349	2% above HPI

38 LICHFIELD 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 38 LICHFIELD ROAD sales from November 2007 and June 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 November 2007 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the June 2023 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 38 LICHFIELD ROAD?

38 LICHFIELD ROAD is 105m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the smallest 40% of detached houses in Locks Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Locks Heath, and where 38 LICHFIELD ROAD lies on this distribution: 37% of detached houses are smaller than 38 LICHFIELD ROAD, and 62% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

38 LICHFIELD ROAD: Plot and Title Map

38 LICHFIELD ROAD sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 38 LICHFIELD 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 38 LICHFIELD 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 38 LICHFIELD ROAD?

38 LICHFIELD ROAD is located in FAREHAM, in the PO14 postcode district. The below map shows the position of No. 38 on LICHFIELD ROAD.