7, BALLIOL CLOSE, FAREHAM, PO14 4RF - £377,500

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.

7 BALLIOL CLOSE is a small extended detached house of 98m², built sometime between 1983 and 1990, which could now be worth an estimated £438,316. It was last sold for £377,500 in October 2020, which was around 21% below the average October 2020 detached price in the Fareham local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was B.

7 BALLIOL CLOSE Sold Prices

Land registry data shows two sales for 7 BALLIOL 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 7 BALLIOL CLOSE 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
2020 29 OCT	£377,500	£475,572	21% below HPI
1997 19 AUG	£99,950	£120,869	17% below HPI

7 BALLIOL 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 7 BALLIOL CLOSE sales from August 1997 and October 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 August 1997 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the October 2020 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 7 BALLIOL CLOSE be worth now?

7 BALLIOL CLOSE might now be worth an estimated £438,316.

This is based on house price inflation of 16.1%, between October 2020 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 16.1% inflationary increase is applied to the most recent sale price for 7 BALLIOL CLOSE of £377,500 on 29th October 2020. For the value to have increased from £377,500 to £438,316 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 7 BALLIOL CLOSE has moved in line with the HPI for detached houses in the Fareham local authority area.
• The October 2020 sale price of £377,500 represented a fair market value for the property.
• The size, condition, and specification of 7 BALLIOL CLOSE has not materially changed since October 2020.

How Large is 7 BALLIOL CLOSE?

7 BALLIOL CLOSE is 98m², which includes one extension, according to the EPC inspection conducted in August 2019. This puts it in the smallest 30% of detached houses houses in Titchfield Common, based on EPC data. The below chart shows the distribution of detached houses houses by size in Titchfield Common, and where 7 BALLIOL CLOSE lies on this distribution: 24% of detached houses houses are smaller than 7 BALLIOL CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Titchfield Common.

7 BALLIOL CLOSE: Plot and Title Map

7 BALLIOL CLOSE sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 7 BALLIOL 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 7 BALLIOL 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 7 BALLIOL CLOSE?

7 BALLIOL CLOSE is located in FAREHAM, in the PO14 postcode district. The below map shows the position of No. 7 on BALLIOL CLOSE.