39, PARK LANE, FAREHAM, PO16 7LE - £715,000

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

39 PARK LANE is a very large detached house of 208m², built sometime between 1967 and 1975. It was last sold for £715,000 in February 2018, which was around 61% above the average February 2018 detached price in the Fareham local authority area. The most recent EPC inspection was October 2016, where the current energy rating was C, and the potential energy rating was B.

39 PARK LANE Sold Prices

Land registry data shows two sales for 39 PARK 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 39 PARK LANE 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
2018 9 FEB	£715,000	£443,773	61% above HPI
2005 26 APR	£542,000	£280,719	93% above HPI

39 PARK 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 39 PARK LANE sales from April 2005 and February 2018 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 April 2005 sale was for 93% above the HPI. So the extrapolation line tracks at 93% above the HPI over time, until the February 2018 sale, where it falls to 61% above the HPI. The line then continues to track at 61% above the HPI.

How Large is 39 PARK LANE?

39 PARK LANE is 208m² according to the EPC inspection conducted in October 2016. This puts it in the largest 10% of detached houses in Fareham, based on EPC data. The below chart shows the distribution of detached houses by size in Fareham, and where 39 PARK LANE lies on this distribution: 93% of detached houses are smaller than 39 PARK LANE, and 6% of houses are larger. Note that EPC data is not available for all properties in Fareham.

39 PARK LANE: Plot and Title Map

39 PARK LANE sits on a plot of roughly 0.356 of an acre, or 1,440m². The below map shows the location of 39 PARK 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 39 PARK 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 39 PARK LANE?

39 PARK LANE is located in FAREHAM, in the PO16 postcode district. The below map shows the position of No. 39 on PARK LANE.