5, GROVE ROAD, FAREHAM, PO16 7TF - £382,000

5 GROVE ROAD is a very large detached house of 173m², built sometime between 1950 and 1966. It was last sold for £382,000 in December 2017, which was around 15% below the average December 2017 detached price in the Fareham local authority area. The most recent EPC inspection was June 2017, where the current energy rating was E, and the potential energy rating was C.

5 GROVE ROAD Sold Prices

Land registry data shows two sales for 5 GROVE ROAD 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 GROVE ROAD 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
2017 20 DEC	£382,000	£451,968	15% below HPI
1996 1 NOV	£88,000	£107,807	18% below HPI

5 GROVE ROAD 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 GROVE ROAD sales from November 1996 and December 2017 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 November 1996 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the December 2017 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 5 GROVE ROAD?

5 GROVE ROAD is 173m² according to the EPC inspection conducted in June 2017. 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 GROVE ROAD lies on this distribution: 85% of detached houses are smaller than 5 GROVE ROAD, and 15% of houses are larger. Note that EPC data is not available for all properties in Fareham.

5 GROVE ROAD: Plot and Title Map

5 GROVE ROAD sits on a plot of roughly 0.265 of an acre, or 1,072m². The below map shows the location of 5 GROVE ROAD, 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 GROVE ROAD). 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 GROVE ROAD?

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