5, GUDGE HEATH LANE, FAREHAM, PO15 5AB - £330,000

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 GUDGE HEATH LANE is a small detached house of 106m², built sometime between 1900 and 1929. It was last sold for £330,000 in June 2014, which was around 4% below the average June 2014 detached price in the Fareham local authority area. The most recent EPC inspection was March 2009, where the current energy rating was E, and the potential energy rating was E.

5 GUDGE HEATH LANE Sold Prices

Land registry data shows four sales for 5 GUDGE HEATH LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. two of the four 5 GUDGE HEATH LANE sales were for below the average price, and four 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
2014 19 JUN	£330,000	£344,421	4% below HPI
2009 9 JUN	£290,000	£280,147	4% above HPI
2007 25 JUN	£340,000	£320,162	6% above HPI
2005 9 AUG	£264,000	£287,605	8% below HPI

5 GUDGE HEATH LANE 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 four 5 GUDGE HEATH LANE sales between August 2005 and June 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 June 2009 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the June 2014 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 5 GUDGE HEATH LANE?

5 GUDGE HEATH LANE is 106m² according to the EPC inspection conducted in March 2009. This puts it in the smallest 40% 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 GUDGE HEATH LANE lies on this distribution: 40% of detached houses are smaller than 5 GUDGE HEATH LANE, and 60% of houses are larger. Note that EPC data is not available for all properties in Fareham.

5 GUDGE HEATH LANE: Plot and Title Map

5 GUDGE HEATH LANE sits on a plot of roughly 0.139 of an acre, or 562m². The below map shows the location of 5 GUDGE HEATH LANE, 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 GUDGE HEATH LANE). 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 GUDGE HEATH LANE?

5 GUDGE HEATH LANE is located in FAREHAM, in the PO15 postcode district. The below map shows the position of No. 5 on GUDGE HEATH LANE.