51, THE RIDGEWAY, FAREHAM, PO16 8RE - £750,000

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

51 THE RIDGEWAY is a very large extended detached house of 181m², built sometime between 1950 and 1966. It was last sold for £750,000 in November 2020, which was around 57% above the average November 2020 detached price in the Fareham local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

51 THE RIDGEWAY Sold Prices

Land registry data shows two sales for 51 THE RIDGEWAY 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 51 THE RIDGEWAY 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
2020 19 NOV	£750,000	£477,692	57% above HPI
1995 30 MAR	£145,000	£100,371	44% above HPI

51 THE RIDGEWAY 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 51 THE RIDGEWAY sales from March 1995 and November 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 March 1995 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the November 2020 sale, where it rises to 57% above the HPI. The line then continues to track at 57% above the HPI.

How Large is 51 THE RIDGEWAY?

51 THE RIDGEWAY is 181m², which includes four extensions, according to the EPC inspection conducted in August 2020. 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 51 THE RIDGEWAY lies on this distribution: 87% of detached houses are smaller than 51 THE RIDGEWAY, and 13% of houses are larger. Note that EPC data is not available for all properties in Fareham.

51 THE RIDGEWAY: Plot and Title Map

51 THE RIDGEWAY sits on a plot of roughly 0.171 of an acre, or 691m². The below map shows the location of 51 THE RIDGEWAY, 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 51 THE RIDGEWAY). 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 51 THE RIDGEWAY?

51 THE RIDGEWAY is located in FAREHAM, in the PO16 postcode district. The below map shows the position of No. 51 on THE RIDGEWAY.