4, JAY CLOSE, FAREHAM, PO14 3TA - £395,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

4 JAY CLOSE is a very small extended detached house of 77m², built sometime between 1996 and 2002. It was last sold for £395,000 in April 2023, which was around 29% below the average April 2023 detached price in the Fareham local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was B.

4 JAY CLOSE Sold Prices

Land registry data shows five sales for 4 JAY CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. All of the five 4 JAY 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
2023 19 APR	£395,000	£555,780	29% below HPI
2012 17 AUG	£245,000	£318,757	23% below HPI
2011 7 NOV	£248,000	£316,557	22% below HPI
2002 24 MAY	£157,000	£217,404	28% below HPI
2002 28 MAR	£155,000	£212,120	27% below HPI

4 JAY 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 five 4 JAY CLOSE sales between March 2002 and April 2023 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 August 2012 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the April 2023 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 4 JAY CLOSE?

4 JAY CLOSE is 77m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the smallest 20% of detached houses in Stubbington, based on EPC data. The below chart shows the distribution of detached houses by size in Stubbington, and where 4 JAY CLOSE lies on this distribution: 17% of detached houses are smaller than 4 JAY CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Stubbington.

4 JAY CLOSE: Plot and Title Map

4 JAY CLOSE sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 4 JAY 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 JAY 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 JAY CLOSE?

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