7, MINSTER CLOSE, FAREHAM, PO15 5PB - £300,000

7 MINSTER CLOSE is a very small detached house of 79m², built sometime between 1991 and 1995. It was last sold for £300,000 in August 2016, which was around 29% below the average August 2016 detached price in the Fareham local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

7 MINSTER CLOSE Sold Prices

Land registry data shows three sales for 7 MINSTER CLOSE 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 7 MINSTER 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
2016 22 AUG	£300,000	£420,886	29% below HPI
1997 28 AUG	£92,950	£119,754	22% below HPI
1995 28 JUL	£69,950	£100,549	30% below HPI

7 MINSTER 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 three 7 MINSTER CLOSE sales between July 1995 and August 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 August 1997 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the August 2016 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 7 MINSTER CLOSE?

7 MINSTER CLOSE is 79m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 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 7 MINSTER CLOSE lies on this distribution: 14% of detached houses are smaller than 7 MINSTER CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Fareham.

7 MINSTER CLOSE: Plot and Title Map

7 MINSTER CLOSE sits on a plot of roughly 0.049 of an acre, or 198m². The below map shows the location of 7 MINSTER 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 MINSTER 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 MINSTER CLOSE?

7 MINSTER CLOSE is located in FAREHAM, in the PO15 postcode district. The below map shows the position of No. 7 on MINSTER CLOSE.