4, GILES CLOSE, FAREHAM, PO16 7JA - £430,000

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

4 GILES CLOSE is a small extended detached house of 94m², built sometime between 1950 and 1966. It was last sold for £430,000 in August 2021, which was around 15% below the average August 2021 detached price in the Fareham local authority area. The most recent EPC inspection was January 2015, where the current energy rating was E, and the potential energy rating was B.

4 GILES CLOSE Sold Prices

Land registry data shows two sales for 4 GILES CLOSE 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 4 GILES 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
2021 19 AUG	£430,000	£507,575	15% below HPI
2014 14 NOV	£220,000	£363,320	39% below HPI

4 GILES 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 two 4 GILES CLOSE sales from November 2014 and August 2021 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 2014 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the August 2021 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 4 GILES CLOSE?

4 GILES CLOSE is 94m², which includes two extensions, according to the EPC inspection conducted in January 2015. This puts it in the smallest 30% of detached houses in Fareham, based on EPC data. The below chart shows the distribution of detached houses by size in Fareham, and where 4 GILES CLOSE lies on this distribution: 28% of detached houses are smaller than 4 GILES CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Fareham.

4 GILES CLOSE: Plot and Title Map

4 GILES CLOSE sits on a plot of roughly 0.172 of an acre, or 695m². The below map shows the location of 4 GILES 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 GILES 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 GILES CLOSE?

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