5, THREE WAYS CLOSE, FAREHAM, PO14 2TF - £700,000

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 THREE WAYS CLOSE is a very large detached house of 167m², built sometime between 2003 and 2006. It was last sold for £700,000 in August 2021, which was around 38% above the average August 2021 detached price in the Fareham local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was B.

5 THREE WAYS CLOSE Sold Prices

Land registry data shows three sales for 5 THREE WAYS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. All of the three 5 THREE WAYS CLOSE sales 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
2021 6 AUG	£700,000	£507,575	38% above HPI
2009 28 SEP	£400,000	£290,920	37% above HPI
2007 30 OCT	£550,000	£332,121	66% above HPI

5 THREE WAYS 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 three 5 THREE WAYS CLOSE sales between October 2007 and August 2021 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 September 2009 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the August 2021 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is 5 THREE WAYS CLOSE?

5 THREE WAYS CLOSE is 167m² according to the EPC inspection conducted in May 2021. This puts it in the largest 20% of detached houses in Stubbington, based on EPC data. The below chart shows the distribution of detached houses by size in Stubbington, and where 5 THREE WAYS CLOSE lies on this distribution: 89% of detached houses are smaller than 5 THREE WAYS CLOSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Stubbington.

5 THREE WAYS CLOSE: Plot and Title Map

5 THREE WAYS CLOSE sits on a plot of roughly 0.191 of an acre, or 773m². The below map shows the location of 5 THREE WAYS 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 THREE WAYS 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 THREE WAYS CLOSE?

5 THREE WAYS CLOSE is located in FAREHAM, in the PO14 postcode district. The below map shows the position of No. 5 on THREE WAYS CLOSE.