4, GRACEFIELDS, 121, THE AVENUE, FAREHAM, PO14 3AA - £645,000

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 GRACEFIELDS is a very large detached house of 173m², built sometime between 1996 and 2002. It was last sold for £645,000 in December 2020, which was around 34% above the average December 2020 detached price in the Fareham local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was C.

4 GRACEFIELDS Sold Prices

Land registry data shows three sales for 4 GRACEFIELDS 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 GRACEFIELDS 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
2020 17 DEC	£645,000	£481,195	34% above HPI
2003 18 FEB	£445,000	£259,077	72% above HPI
1999 17 DEC	£269,950	£147,184	83% above HPI

4 GRACEFIELDS 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 GRACEFIELDS sales between December 1999 and December 2020 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 February 2003 sale was for 72% above the HPI. So the extrapolation line tracks at 72% above the HPI over time, until the December 2020 sale, where it falls to 34% above the HPI. The line then continues to track at 34% above the HPI.

How Large is 4 GRACEFIELDS?

4 GRACEFIELDS is 173m² according to the EPC inspection conducted in November 2019. This puts it in the largest 20% 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 GRACEFIELDS lies on this distribution: 85% of detached houses are smaller than 4 GRACEFIELDS, and 15% of houses are larger. Note that EPC data is not available for all properties in Fareham.

4 GRACEFIELDS: Plot and Title Map

4 GRACEFIELDS sits on a plot of roughly 0.193 of an acre, or 781m². The below map shows the location of 4 GRACEFIELDS, 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 GRACEFIELDS). 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 GRACEFIELDS?

4, GRACEFIELDS is located on THE AVENUE in FAREHAM, in the PO14 postcode district. The below map shows the position of 4, GRACEFIELDS on THE AVENUE.