75, THE SPINNEY, FAREHAM, PO16 8QD - £450,000

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.

75 THE SPINNEY is a very large extended detached house of 174m², built sometime between 1950 and 1966, which could now be worth an estimated £654,189. It was last sold for £450,000 in June 2015, which was around 19% above the average June 2015 detached price in the Fareham local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was C.

75 THE SPINNEY Sold Prices

Land registry data shows two sales for 75 THE SPINNEY 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. One of the two 75 THE SPINNEY sales was for above the average price, whilst the other was 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
2015 22 JUN	£450,000	£378,129	19% above HPI
2007 18 OCT	£326,000	£335,213	3% below HPI

75 THE SPINNEY 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 75 THE SPINNEY sales from October 2007 and June 2015 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 October 2007 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the June 2015 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 75 THE SPINNEY be worth now?

75 THE SPINNEY might now be worth an estimated £654,189.

This is based on house price inflation of 45.4%, between June 2015 and March 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 45.4% inflationary increase is applied to the most recent sale price for 75 THE SPINNEY of £450,000 on 22nd June 2015. For the value to have increased from £450,000 to £654,189 over the ten years and three months to March 2025, the following assumptions must hold true:

• The value of 75 THE SPINNEY has moved in line with the HPI for detached houses in the Fareham local authority area.
• The June 2015 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 75 THE SPINNEY has not materially changed since June 2015.

How Large is 75 THE SPINNEY?

75 THE SPINNEY is 174m², which includes two extensions, according to the EPC inspection conducted in November 2014. This puts it in the largest 20% of detached houses houses in Fareham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fareham, and where 75 THE SPINNEY lies on this distribution: 85% of detached houses houses are smaller than 75 THE SPINNEY, and 15% of houses are larger. Note that EPC data is not available for all properties in Fareham.

75 THE SPINNEY: Plot and Title Map

75 THE SPINNEY sits on a plot of roughly 51.2 acres, or 207,232m². The below map shows the location of 75 THE SPINNEY, 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 75 THE SPINNEY). 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 75 THE SPINNEY?

75 THE SPINNEY is located in FAREHAM, in the PO16 postcode district. The below map shows the position of No. 75 on THE SPINNEY.