4, AVENUE ROAD, FAREHAM, PO14 1JB - £505,000

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.

4 AVENUE ROAD is a midsized detached house of 119m², built sometime between 1996 and 2002, which could now be worth an estimated £486,056. It was last sold for £505,000 in August 2022, which was around 12% below the average August 2022 detached price in the Fareham local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

4 AVENUE ROAD Sold Prices

Land registry data shows three sales for 4 AVENUE ROAD 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 4 AVENUE 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 8 AUG	£505,000	£573,709	12% below HPI
2001 26 OCT	£175,000	£208,751	16% below HPI
1998 27 MAR	£118,000	£126,663	7% below HPI

4 AVENUE 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 three 4 AVENUE ROAD sales between March 1998 and August 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 October 2001 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2022 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 4 AVENUE ROAD be worth now?

4 AVENUE ROAD might now be worth an estimated £486,056.

This is based on house price deflation of 3.8%, between August 2022 and February 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 3.8% deflationary decrease is applied to the most recent sale price for 4 AVENUE ROAD of £505,000 on 8th August 2022. For the value to have decreased from £505,000 to £486,056 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 4 AVENUE ROAD has moved in line with the HPI for detached houses in the Fareham local authority area.
• The August 2022 sale price of £505,000 represented a fair market value for the property.
• The size, condition, and specification of 4 AVENUE ROAD has not materially changed since August 2022.

How Large is 4 AVENUE ROAD?

4 AVENUE ROAD is 119m² according to the EPC inspection conducted in May 2022. This puts it in the largest 50% 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 4 AVENUE ROAD lies on this distribution: 53% of detached houses houses are smaller than 4 AVENUE ROAD, and 47% of houses are larger. Note that EPC data is not available for all properties in Fareham.

4 AVENUE ROAD: Plot and Title Map

4 AVENUE ROAD sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 4 AVENUE 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 4 AVENUE 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 4 AVENUE ROAD?

4 AVENUE ROAD is located in FAREHAM, in the PO14 postcode district. The below map shows the position of No. 4 on AVENUE ROAD.