4, PEAK DRIVE, FAREHAM, PO14 1RL - £642,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

4 PEAK DRIVE is a very large extended detached house of 168m², built sometime between 1950 and 1966. It was last sold for £642,000 in November 2019, which was around 42% above the average November 2019 detached price in the Fareham local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was C.

4 PEAK DRIVE Sold Prices

Land registry data shows four sales for 4 PEAK DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. All of the four 4 PEAK DRIVE 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
2019 1 NOV	£642,000	£452,564	42% above HPI
2008 11 JAN	£550,000	£329,774	67% above HPI
2005 27 JUN	£447,500	£279,886	60% above HPI
2002 19 APR	£338,500	£212,246	59% above HPI

4 PEAK DRIVE 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 four 4 PEAK DRIVE sales between April 2002 and November 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 January 2008 sale was for 67% above the HPI. So the extrapolation line tracks at 67% above the HPI over time, until the November 2019 sale, where it falls to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is 4 PEAK DRIVE?

4 PEAK DRIVE is 168m², which includes one extension, according to the EPC inspection conducted in June 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 PEAK DRIVE lies on this distribution: 82% of detached houses are smaller than 4 PEAK DRIVE, and 17% of houses are larger. Note that EPC data is not available for all properties in Fareham.

4 PEAK DRIVE: Plot and Title Map

4 PEAK DRIVE sits on a plot of roughly 0.258 of an acre, or 1,045m². The below map shows the location of 4 PEAK DRIVE, 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 PEAK DRIVE). 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 PEAK DRIVE?

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