54A, CORNAWAY LANE, FAREHAM, PO16 9DD - £322,500

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

54A CORNAWAY LANE is a small semi-detached house of 106m². It was last sold for £322,500 in May 2019, which was around 30% below the average May 2019 detached price in the Fareham local authority area. The most recent EPC inspection was February 2018, where the current energy rating was B, and the potential energy rating was B.

54A CORNAWAY LANE Sold Prices

Land registry data shows three sales for 54A CORNAWAY LANE 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. Two of the three 54A CORNAWAY LANE sales were for below the average price, whilst one was 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
2019 22 MAY	£322,500	£457,982	30% below HPI
2017 5 OCT	£485,000	£449,710	8% above HPI
2017 9 JAN	£350,000	£427,254	18% below HPI

54A CORNAWAY 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 three 54A CORNAWAY LANE sales between January 2017 and May 2019 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 October 2017 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the May 2019 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 54A CORNAWAY LANE?

54A CORNAWAY LANE is 106m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 40% of detached houses in Portsmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Portsmouth, and where 54A CORNAWAY LANE lies on this distribution: 38% of detached houses are smaller than 54A CORNAWAY LANE, and 62% of houses are larger. Note that EPC data is not available for all properties in Portsmouth.

54A CORNAWAY LANE: Plot and Title Map

54A CORNAWAY LANE sits on a plot of roughly 0.035 of an acre, or 143m². The below map shows the location of 54A CORNAWAY 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 54A CORNAWAY 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 54A CORNAWAY LANE?

54A CORNAWAY LANE is located in FAREHAM, in the PO16 postcode district. The below map shows the position of No. 54A on CORNAWAY LANE.