4, THE CEDARS, FAREHAM, PO16 7AJ - £825,000

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 THE CEDARS is a very large extended detached house of 253m², built sometime between 1996 and 2002, which could now be worth an estimated £957,908. It was last sold for £825,000 in October 2020, which was around 73% above the average October 2020 detached price in the Fareham local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

4 THE CEDARS Sold Prices

Land registry data shows three sales for 4 THE CEDARS 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 THE CEDARS 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 27 OCT	£825,000	£475,572	73% above HPI
2003 11 JUN	£499,950	£267,005	87% above HPI
1999 10 DEC	£355,000	£148,554	139% above HPI

4 THE CEDARS 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 THE CEDARS sales between December 1999 and October 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 June 2003 sale was for 87% above the HPI. So the extrapolation line tracks at 87% above the HPI over time, until the October 2020 sale, where it falls to 73% above the HPI. The line then continues to track at 73% above the HPI.

What might 4 THE CEDARS be worth now?

4 THE CEDARS might now be worth an estimated £957,908.

This is based on house price inflation of 16.1%, between October 2020 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 16.1% inflationary increase is applied to the most recent sale price for 4 THE CEDARS of £825,000 on 27th October 2020. For the value to have increased from £825,000 to £957,908 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 4 THE CEDARS has moved in line with the HPI for detached houses in the Fareham local authority area.
• The October 2020 sale price of £825,000 represented a fair market value for the property.
• The size, condition, and specification of 4 THE CEDARS has not materially changed since October 2020.

How Large is 4 THE CEDARS?

4 THE CEDARS is 253m², which includes three extensions, according to the EPC inspection conducted in July 2020. This puts it in the largest 10% 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 THE CEDARS lies on this distribution: 98% of detached houses houses are smaller than 4 THE CEDARS, and 2% of houses are larger. Note that EPC data is not available for all properties in Fareham.

4 THE CEDARS: Plot and Title Map

4 THE CEDARS sits on a plot of roughly 0.195 of an acre, or 789m². The below map shows the location of 4 THE CEDARS, 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 THE CEDARS). 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 THE CEDARS?

4 THE CEDARS is located in FAREHAM, in the PO16 postcode district. The below map shows the position of No. 4 on THE CEDARS.