6, VERNE CLOSE, WHITELEY, FAREHAM, PO15 7NG - £580,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

6 VERNE CLOSE is a midsized extended detached house of 163m², built sometime between 2003 and 2006, which could now be worth an estimated £664,388. It was last sold for £580,000 in March 2021, which was around 20% above the average March 2021 detached price in the Fareham local authority area. The most recent EPC inspection was January 2021, where the current energy rating was C, and the potential energy rating was B.

6 VERNE CLOSE Sold Prices

Land registry data shows two sales for 6 VERNE 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 6 VERNE 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 26 MAR	£580,000	£482,050	20% above HPI
2009 15 MAY	£330,000	£284,697	16% above HPI

6 VERNE 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 6 VERNE CLOSE sales from May 2009 and March 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 May 2009 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the March 2021 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 6 VERNE CLOSE be worth now?

6 VERNE CLOSE might now be worth an estimated £664,388.

This is based on house price inflation of 14.5%, between March 2021 and February 2025, 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 14.5% inflationary increase is applied to the most recent sale price for 6 VERNE CLOSE of £580,000 on 26th March 2021. For the value to have increased from £580,000 to £664,388 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 6 VERNE CLOSE has moved in line with the HPI for detached houses in the Fareham local authority area.
• The March 2021 sale price of £580,000 represented a fair market value for the property.
• The size, condition, and specification of 6 VERNE CLOSE has not materially changed since March 2021.

How Large is 6 VERNE CLOSE?

6 VERNE CLOSE is 163m², which includes two extensions, according to the EPC inspection conducted in January 2021. This puts it in the smallest 50% of detached houses houses in Burridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Burridge, and where 6 VERNE CLOSE lies on this distribution: 45% of detached houses houses are smaller than 6 VERNE CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Burridge.

6 VERNE CLOSE: Plot and Title Map

6 VERNE CLOSE sits on a plot of roughly 0.131 of an acre, or 529m². The below map shows the location of 6 VERNE 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 6 VERNE 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 6 VERNE CLOSE?

6 VERNE CLOSE is located in WHITELEY, in the PO15 postcode district. The below map shows the position of No. 6 on VERNE CLOSE.