Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
70B GUDGE HEATH LANE is a large extended detached house of 156m², built sometime between 1996 and 2002. It was last sold for £450,000 in May 2024, which was around 17% below the average May 2024 detached price in the Fareham local authority area. The most recent EPC inspection was December 2015, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 70B GUDGE HEATH LANE since 1st 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 70B GUDGE HEATH 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 |
---|---|---|---|
2024 2 MAY | £450,000 | £540,969 | 17% below HPI |
2016 10 JUN | £360,000 | £411,509 | 13% below HPI |
2008 18 JAN | £525,000 | £329,774 | 59% above HPI |
The below graph shows the average detached house price in the Fareham local authority area over time, sourced from the HPI. The three 70B GUDGE HEATH LANE sales between January 2008 and May 2024 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 June 2016 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the May 2024 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.
70B GUDGE HEATH LANE is 156m², which includes one extension, according to the EPC inspection conducted in December 2015. This puts it in the largest 30% of detached houses in Fareham, based on EPC data. The below chart shows the distribution of detached houses by size in Fareham, and where 70B GUDGE HEATH LANE lies on this distribution: 78% of detached houses are smaller than 70B GUDGE HEATH LANE, and 22% of houses are larger. Note that EPC data is not available for all properties in Fareham.
70B GUDGE HEATH LANE sits on a plot of roughly 5.6 acres, or 22,791m². The below map shows the location of 70B GUDGE HEATH 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 70B GUDGE HEATH 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.
70B GUDGE HEATH LANE is located in FAREHAM, in the PO15 postcode district. The below map shows the position of No. 70B on GUDGE HEATH LANE.