4, COGHLAN CLOSE, FAREHAM, PO16 7YF - £331,000

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 COGHLAN CLOSE is a very small detached house of 81m², built sometime between 1991 and 1995, which could now be worth an estimated £395,010. It was last sold for £331,000 in February 2019, which was around 28% below the average February 2019 detached price in the Fareham local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

4 COGHLAN CLOSE Sold Prices

Land registry data shows three sales for 4 COGHLAN CLOSE 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 COGHLAN CLOSE 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
2019 18 FEB	£331,000	£462,707	28% below HPI
2016 4 OCT	£300,000	£427,773	30% below HPI
1995 23 NOV	£91,000	£104,463	13% below HPI

4 COGHLAN CLOSE 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 COGHLAN CLOSE sales between November 1995 and February 2019 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 2016 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the February 2019 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 4 COGHLAN CLOSE be worth now?

4 COGHLAN CLOSE might now be worth an estimated £395,010.

This is based on house price inflation of 19.3%, between February 2019 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 19.3% inflationary increase is applied to the most recent sale price for 4 COGHLAN CLOSE of £331,000 on 18th February 2019. For the value to have increased from £331,000 to £395,010 over the six years to February 2025, the following assumptions must hold true:

• The value of 4 COGHLAN CLOSE has moved in line with the HPI for detached houses in the Fareham local authority area.
• The February 2019 sale price of £331,000 represented a fair market value for the property.
• The size, condition, and specification of 4 COGHLAN CLOSE has not materially changed since February 2019.

How Large is 4 COGHLAN CLOSE?

4 COGHLAN CLOSE is 81m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 20% 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 COGHLAN CLOSE lies on this distribution: 15% of detached houses houses are smaller than 4 COGHLAN CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Fareham.

4 COGHLAN CLOSE: Plot and Title Map

4 COGHLAN CLOSE sits on a plot of roughly 0.048 of an acre, or 195m². The below map shows the location of 4 COGHLAN CLOSE, 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 COGHLAN CLOSE). 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 COGHLAN CLOSE?

4 COGHLAN CLOSE is located in FAREHAM, in the PO16 postcode district. The below map shows the position of No. 4 on COGHLAN CLOSE.