5, CEDAR WAY, FAREHAM, PO14 1PT - £303,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 CEDAR WAY is a very small detached house of 85m², built sometime between 1950 and 1966, which could now be worth an estimated £306,057. It was last sold for £303,000 in March 2024, which was around 44% below the average March 2024 detached price in the Fareham local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was B.

5 CEDAR WAY Sold Prices

Land registry data shows three sales for 5 CEDAR WAY 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 5 CEDAR WAY 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
2024 1 MAR	£303,000	£542,042	44% below HPI
2021 1 JUN	£233,000	£495,128	53% below HPI
2002 8 AUG	£139,950	£232,439	40% below HPI

5 CEDAR WAY 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 5 CEDAR WAY sales between August 2002 and March 2024 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 2021 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the March 2024 sale, where it rises to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might 5 CEDAR WAY be worth now?

5 CEDAR WAY might now be worth an estimated £306,057.

This is based on house price inflation of 1%, between March 2024 and December 2024, 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 1% inflationary increase is applied to the most recent sale price for 5 CEDAR WAY of £303,000 on 1st March 2024. For the value to have increased from £303,000 to £306,057 over the three months to December 2024, the following assumptions must hold true:

• The value of 5 CEDAR WAY has moved in line with the HPI for detached houses in the Fareham local authority area.
• The March 2024 sale price of £303,000 represented a fair market value for the property.
• The size, condition, and specification of 5 CEDAR WAY has not materially changed since March 2024.

How Large is 5 CEDAR WAY?

5 CEDAR WAY is 85m² according to the EPC inspection conducted in January 2021. This puts it in the smallest 20% 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 5 CEDAR WAY lies on this distribution: 18% of detached houses houses are smaller than 5 CEDAR WAY, and 81% of houses are larger. Note that EPC data is not available for all properties in Fareham.

5 CEDAR WAY: Plot and Title Map

5 CEDAR WAY sits on a plot of roughly 0.047 of an acre, or 190m². The below map shows the location of 5 CEDAR WAY, 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 CEDAR WAY). 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 CEDAR WAY?

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