55, CORNAWAY LANE, FAREHAM, PO16 9DD - £296,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

55 CORNAWAY LANE is a small extended detached house of 105m², built sometime between 1930 and 1949, which could now be worth an estimated £391,206. It was last sold for £296,000 in April 2016, which was around 29% below the average April 2016 detached price in the Fareham local authority area. The most recent EPC inspection was September 2023, where the current energy rating was A, and the potential energy rating was A.

55 CORNAWAY LANE Sold Prices

Land registry data shows three sales for 55 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. All of the three 55 CORNAWAY LANE 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
2016 29 APR	£296,000	£414,266	29% below HPI
2009 24 APR	£220,000	£284,468	23% below HPI
1998 12 MAY	£91,000	£130,229	30% below HPI

55 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 55 CORNAWAY LANE sales between May 1998 and April 2016 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 April 2009 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the April 2016 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 55 CORNAWAY LANE be worth now?

55 CORNAWAY LANE might now be worth an estimated £391,206.

This is based on house price inflation of 32.2%, between April 2016 and December 2024, for detached houses, in the Fareham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 32.2% inflationary increase is applied to the most recent sale price for 55 CORNAWAY LANE of £296,000 on 29th April 2016. For the value to have increased from £296,000 to £391,206 over the seven years and four months to December 2024, the following assumptions must hold true:

• The value of 55 CORNAWAY LANE has moved in line with the HPI for detached houses in the Fareham local authority area.
• The April 2016 sale price of £296,000 represented a fair market value for the property.
• The size, condition, and specification of 55 CORNAWAY LANE has not materially changed since April 2016.

How Large is 55 CORNAWAY LANE?

55 CORNAWAY LANE is 105m², which includes one extension, according to the EPC inspection conducted in September 2023. This puts it in the smallest 40% of detached houses houses in Portsmouth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Portsmouth, and where 55 CORNAWAY LANE lies on this distribution: 37% of detached houses houses are smaller than 55 CORNAWAY LANE, and 63% of houses are larger. Note that EPC data is not available for all properties in Portsmouth.

55 CORNAWAY LANE: Plot and Title Map

55 CORNAWAY LANE sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 55 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 55 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 55 CORNAWAY LANE?

55 CORNAWAY LANE is located in FAREHAM, in the PO16 postcode district. The below map shows the position of No. 55 on CORNAWAY LANE.