4, PLACE HOUSE CLOSE, FAREHAM, PO15 5BH - £450,000

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 PLACE HOUSE CLOSE is a midsized extended detached house of 116m², built sometime between 1950 and 1966, which could now be worth an estimated £432,228. It was last sold for £450,000 in September 2022, which was around 22% below the average September 2022 detached price in the Fareham local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was C.

4 PLACE HOUSE CLOSE Sold Prices

Land registry data shows two sales for 4 PLACE HOUSE 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 PLACE HOUSE 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
2022 23 SEP	£450,000	£574,891	22% below HPI
2012 7 SEP	£225,000	£322,215	30% below HPI

4 PLACE HOUSE 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 PLACE HOUSE CLOSE sales from September 2012 and September 2022 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 September 2012 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the September 2022 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 4 PLACE HOUSE CLOSE be worth now?

4 PLACE HOUSE CLOSE might now be worth an estimated £432,228.

This is based on house price deflation of 3.9%, between September 2022 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 3.9% deflationary decrease is applied to the most recent sale price for 4 PLACE HOUSE CLOSE of £450,000 on 23rd September 2022. For the value to have decreased from £450,000 to £432,228 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 4 PLACE HOUSE CLOSE has moved in line with the HPI for detached houses in the Fareham local authority area.
• The September 2022 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 4 PLACE HOUSE CLOSE has not materially changed since September 2022.

How Large is 4 PLACE HOUSE CLOSE?

4 PLACE HOUSE CLOSE is 116m², which includes one extension, according to the EPC inspection conducted in February 2017. This puts it in the largest 50% 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 PLACE HOUSE CLOSE lies on this distribution: 50% of detached houses houses are smaller than 4 PLACE HOUSE CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Fareham.

4 PLACE HOUSE CLOSE: Plot and Title Map

4 PLACE HOUSE CLOSE sits on a plot of roughly 0.169 of an acre, or 683m². The below map shows the location of 4 PLACE HOUSE 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 PLACE HOUSE 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 PLACE HOUSE CLOSE?

4 PLACE HOUSE CLOSE is located in FAREHAM, in the PO15 postcode district. The below map shows the position of No. 4 on PLACE HOUSE CLOSE.