48, OLD STREET, FAREHAM, PO14 3HR - £850,000

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.

48 OLD STREET is a very large detached house of 238m², built sometime from 2007 onwards, which could now be worth an estimated £1,024,282. It was last sold for £850,000 in June 2019, which was around 85% above the average June 2019 detached price in the Fareham local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.

48 OLD STREET Sold Prices

Land registry data shows two sales for 48 OLD STREET 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 48 OLD STREET 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 21 JUN	£850,000	£458,232	85% above HPI
2009 14 MAY	£360,000	£284,697	26% above HPI

48 OLD STREET 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 48 OLD STREET sales from May 2009 and June 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 May 2009 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the June 2019 sale, where it rises to 85% above the HPI. The line then continues to track at 85% above the HPI.

What might 48 OLD STREET be worth now?

48 OLD STREET might now be worth an estimated £1,024,282.

This is based on house price inflation of 20.5%, between June 2019 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 20.5% inflationary increase is applied to the most recent sale price for 48 OLD STREET of £850,000 on 21st June 2019. For the value to have increased from £850,000 to £1,024,282 over the six years and four months to February 2025, the following assumptions must hold true:

• The value of 48 OLD STREET has moved in line with the HPI for detached houses in the Fareham local authority area.
• The June 2019 sale price of £850,000 represented a fair market value for the property.
• The size, condition, and specification of 48 OLD STREET has not materially changed since June 2019.

How Large is 48 OLD STREET?

48 OLD STREET is 238m² according to the EPC inspection conducted in July 2018. This puts it in the largest 20% of detached houses houses in Hill Head, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hill Head, and where 48 OLD STREET lies on this distribution: 86% of detached houses houses are smaller than 48 OLD STREET, and 14% of houses are larger. Note that EPC data is not available for all properties in Hill Head.

48 OLD STREET: Plot and Title Map

48 OLD STREET sits on a plot of roughly 0.281 of an acre, or 1,138m². The below map shows the location of 48 OLD STREET, 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 48 OLD STREET). 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 48 OLD STREET?

48 OLD STREET is located in FAREHAM, in the PO14 postcode district. The below map shows the position of No. 48 on OLD STREET.