48, OLD TURNPIKE, FAREHAM, PO16 7HA - £417,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

48 OLD TURNPIKE is a small detached house of 98m², built sometime between 1900 and 1929. It was last sold for £417,500 in October 2019, which was around 7% below the average October 2019 detached price in the Fareham local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was B.

48 OLD TURNPIKE Sold Prices

Land registry data shows two sales for 48 OLD TURNPIKE 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 TURNPIKE 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
2019 11 OCT	£417,500	£449,215	7% below HPI
2002 22 NOV	£188,000	£255,471	26% below HPI

48 OLD TURNPIKE 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 TURNPIKE sales from November 2002 and October 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 November 2002 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the October 2019 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 48 OLD TURNPIKE?

48 OLD TURNPIKE is 98m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 40% of detached houses in Fareham, based on EPC data. The below chart shows the distribution of detached houses by size in Fareham, and where 48 OLD TURNPIKE lies on this distribution: 32% of detached houses are smaller than 48 OLD TURNPIKE, and 68% of houses are larger. Note that EPC data is not available for all properties in Fareham.

48 OLD TURNPIKE: Plot and Title Map

48 OLD TURNPIKE sits on a plot of roughly 0.146 of an acre, or 592m². The below map shows the location of 48 OLD TURNPIKE, 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 TURNPIKE). 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 TURNPIKE?

48 OLD TURNPIKE is located in FAREHAM, in the PO16 postcode district. The below map shows the position of No. 48 on OLD TURNPIKE.