5, CREST CLOSE, FAREHAM, PO16 8RZ - £347,500

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

5 CREST CLOSE is a very large extended detached house of 176m², built sometime between 1976 and 1982. It was last sold for £347,500 in September 2011, which was around 10% above the average September 2011 detached price in the Fareham local authority area. The most recent EPC inspection was October 2010, where the current energy rating was D, and the potential energy rating was C.

5 CREST CLOSE Sold Prices

Land registry data shows three sales for 5 CREST CLOSE 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 CREST CLOSE 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
2011 26 SEP	£347,500	£316,013	10% above HPI
2004 11 OCT	£385,000	£288,640	33% above HPI
2001 1 NOV	£218,000	£206,055	6% above HPI

5 CREST CLOSE 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 CREST CLOSE sales between November 2001 and September 2011 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 October 2004 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the September 2011 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 5 CREST CLOSE?

5 CREST CLOSE is 176m², which includes one extension, according to the EPC inspection conducted in October 2010. This puts it in the largest 20% of detached houses in Fareham, based on EPC data. The below chart shows the distribution of detached houses by size in Fareham, and where 5 CREST CLOSE lies on this distribution: 86% of detached houses are smaller than 5 CREST CLOSE, and 14% of houses are larger. Note that EPC data is not available for all properties in Fareham.

5 CREST CLOSE: Plot and Title Map

5 CREST CLOSE sits on a plot of roughly 0.134 of an acre, or 541m². The below map shows the location of 5 CREST CLOSE, 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 CREST CLOSE). 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 CREST CLOSE?

5 CREST CLOSE is located in FAREHAM, in the PO16 postcode district. The below map shows the position of No. 5 on CREST CLOSE.