5, PLACE HOUSE CLOSE, FAREHAM, PO15 5BH - £385,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

5 PLACE HOUSE CLOSE is a midsized extended detached house of 121m², built sometime between 1950 and 1966. It was last sold for £385,000 in January 2017, which was around 10% below the average January 2017 detached price in the Fareham local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was B.

5 PLACE HOUSE CLOSE Sold Prices

Land registry data shows two sales for 5 PLACE HOUSE 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 PLACE HOUSE 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
2017 5 JAN	£385,000	£427,254	10% below HPI
2006 24 FEB	£245,000	£288,592	15% below HPI

5 PLACE HOUSE 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 PLACE HOUSE CLOSE sales from February 2006 and January 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 February 2006 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the January 2017 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 5 PLACE HOUSE CLOSE?

5 PLACE HOUSE CLOSE is 121m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the largest 50% 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 PLACE HOUSE CLOSE lies on this distribution: 55% of detached houses are smaller than 5 PLACE HOUSE CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Fareham.

5 PLACE HOUSE CLOSE: Plot and Title Map

5 PLACE HOUSE CLOSE sits on a plot of roughly 0.181 of an acre, or 732m². The below map shows the location of 5 PLACE HOUSE 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 PLACE HOUSE 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 PLACE HOUSE CLOSE?

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