5, FAIR ACRE WALK, FAREHAM, PO14 3AX - £320,000

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 FAIR ACRE WALK is a small extended detached house of 100m², built sometime between 1950 and 1966, which could now be worth an estimated £389,674. It was last sold for £320,000 in May 2020, which was around 29% below the average May 2020 detached price in the Fareham local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was C.

5 FAIR ACRE WALK Sold Prices

Land registry data shows two sales for 5 FAIR ACRE WALK 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 FAIR ACRE WALK 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
2020 28 MAY	£320,000	£453,456	29% below HPI
2007 26 APR	£225,000	£314,706	29% below HPI

5 FAIR ACRE WALK 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 FAIR ACRE WALK sales from April 2007 and May 2020 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 April 2007 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the May 2020 sale, which was also at 29% below the HPI.

What might 5 FAIR ACRE WALK be worth now?

5 FAIR ACRE WALK might now be worth an estimated £389,674.

This is based on house price inflation of 21.8%, between May 2020 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 21.8% inflationary increase is applied to the most recent sale price for 5 FAIR ACRE WALK of £320,000 on 28th May 2020. For the value to have increased from £320,000 to £389,674 over the five years and three months to February 2025, the following assumptions must hold true:

• The value of 5 FAIR ACRE WALK has moved in line with the HPI for detached houses in the Fareham local authority area.
• The May 2020 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 5 FAIR ACRE WALK has not materially changed since May 2020.

How Large is 5 FAIR ACRE WALK?

5 FAIR ACRE WALK is 100m², which includes one extension, according to the EPC inspection conducted in November 2019. This puts it in the smallest 40% 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 FAIR ACRE WALK lies on this distribution: 33% of detached houses houses are smaller than 5 FAIR ACRE WALK, and 66% of houses are larger. Note that EPC data is not available for all properties in Fareham.

5 FAIR ACRE WALK: Plot and Title Map

5 FAIR ACRE WALK sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 5 FAIR ACRE WALK, 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 FAIR ACRE WALK). 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 FAIR ACRE WALK?

5 FAIR ACRE WALK is located in FAREHAM, in the PO14 postcode district. The below map shows the position of No. 5 on FAIR ACRE WALK.