4, RED BARN LANE, FAREHAM, PO16 7UT - £320,000

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 RED BARN LANE is a midsized extended semi-detached house of 112m², built sometime between 1900 and 1929, which could now be worth an estimated £314,553. It was last sold for £320,000 in September 2022, which was around 8% below the average September 2022 semi-detached price in the Fareham local authority area. The most recent EPC inspection was September 2012, where the current energy rating was F, and the potential energy rating was C.

4 RED BARN LANE Sold Prices

Land registry data shows four sales for 4 RED BARN LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Fareham local authority area for the corresponding sale date. Two of the four 4 RED BARN LANE sales were for below the average price, whilst one was 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
2022 16 SEP	£320,000	£349,389	8% below HPI
2018 3 JAN	£285,000	£272,351	5% above HPI
2015 2 JAN	£225,000	£225,581	Close to HPI
2013 15 FEB	£190,000	£191,938	1% below HPI

4 RED BARN LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Fareham local authority area over time, sourced from the HPI. The four 4 RED BARN LANE sales between February 2013 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 January 2018 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the September 2022 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 4 RED BARN LANE be worth now?

4 RED BARN LANE might now be worth an estimated £314,553.

This is based on house price deflation of 1.7%, between September 2022 and February 2025, for semi-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 1.7% deflationary decrease is applied to the most recent sale price for 4 RED BARN LANE of £320,000 on 16th September 2022. For the value to have decreased from £320,000 to £314,553 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 4 RED BARN LANE has moved in line with the HPI for semi-detached houses in the Fareham local authority area.
• The September 2022 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 4 RED BARN LANE has not materially changed since September 2022.

How Large is 4 RED BARN LANE?

4 RED BARN LANE is 112m², which includes one extension, according to the EPC inspection conducted in September 2012. This puts it in the smallest 50% of semi-detached houses houses in Fareham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Fareham, and where 4 RED BARN LANE lies on this distribution: 46% of semi-detached houses houses are smaller than 4 RED BARN LANE, and 53% of houses are larger. Note that EPC data is not available for all properties in Fareham.

4 RED BARN LANE: Plot and Title Map

4 RED BARN LANE sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 4 RED BARN LANE, 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 RED BARN LANE). 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 RED BARN LANE?

4 RED BARN LANE is located in FAREHAM, in the PO16 postcode district. The below map shows the position of No. 4 on RED BARN LANE.