5, CULLODEN CLOSE, FAREHAM, PO15 6AL - £279,950

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.

5 CULLODEN CLOSE is a very small extended detached house of 84m², built sometime between 1930 and 1949, which could now be worth an estimated £462,513. It was last sold for £279,950 in January 2014, which was around 16% below the average January 2014 detached price in the Fareham local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was C.

5 CULLODEN CLOSE Sold Prices

Land registry data shows two sales for 5 CULLODEN CLOSE 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 CULLODEN CLOSE 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
2014 21 JAN	£279,950	£334,228	16% below HPI
2007 24 JUL	£250,000	£326,940	24% below HPI

5 CULLODEN 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 two 5 CULLODEN CLOSE sales from July 2007 and January 2014 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 July 2007 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the January 2014 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 5 CULLODEN CLOSE be worth now?

5 CULLODEN CLOSE might now be worth an estimated £462,513.

This is based on house price inflation of 65.2%, between January 2014 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 65.2% inflationary increase is applied to the most recent sale price for 5 CULLODEN CLOSE of £279,950 on 21st January 2014. For the value to have increased from £279,950 to £462,513 over the ten years and eleven months to February 2025, the following assumptions must hold true:

• The value of 5 CULLODEN CLOSE has moved in line with the HPI for detached houses in the Fareham local authority area.
• The January 2014 sale price of £279,950 represented a fair market value for the property.
• The size, condition, and specification of 5 CULLODEN CLOSE has not materially changed since January 2014.

How Large is 5 CULLODEN CLOSE?

5 CULLODEN CLOSE is 84m², which includes one extension, according to the EPC inspection conducted in August 2012. 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 CULLODEN CLOSE lies on this distribution: 17% of detached houses houses are smaller than 5 CULLODEN CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Fareham.

5 CULLODEN CLOSE: Plot and Title Map

5 CULLODEN CLOSE sits on a plot of roughly 0.137 of an acre, or 554m². The below map shows the location of 5 CULLODEN 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 CULLODEN 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 CULLODEN CLOSE?

5 CULLODEN CLOSE is located in FAREHAM, in the PO15 postcode district. The below map shows the position of No. 5 on CULLODEN CLOSE.