5, BISHOPS GATE, FAREHAM, PO14 4QE - £280,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

5 BISHOPS GATE is a very small extended detached house of 82m², built sometime between 1991 and 1995. It was last sold for £280,000 in June 2018, which was around 39% below the average June 2018 detached price in the Fareham local authority area. The most recent EPC inspection was July 2024, where the current energy rating was D, and the potential energy rating was C.

5 BISHOPS GATE Sold Prices

Land registry data shows two sales for 5 BISHOPS GATE 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 5 BISHOPS GATE 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
2018 20 JUN	£280,000	£455,902	39% below HPI
2001 4 MAY	£127,000	£180,867	30% below HPI

5 BISHOPS GATE 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 5 BISHOPS GATE sales from May 2001 and June 2018 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 2001 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the June 2018 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 5 BISHOPS GATE?

5 BISHOPS GATE is 82m², which includes three extensions, according to the EPC inspection conducted in July 2024. This puts it in the smallest 20% of detached houses in Locks Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Locks Heath, and where 5 BISHOPS GATE lies on this distribution: 12% of detached houses are smaller than 5 BISHOPS GATE, and 88% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

5 BISHOPS GATE: Plot and Title Map

5 BISHOPS GATE sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 5 BISHOPS GATE, 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 5 BISHOPS GATE). 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 5 BISHOPS GATE?

5 BISHOPS GATE is located in FAREHAM, in the PO14 postcode district. The below map shows the position of No. 5 on BISHOPS GATE.