79, RED BARN LANE, FAREHAM, PO15 6HD - £425,000

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.

79 RED BARN LANE is a very small detached house of 83m², built sometime between 1983 and 1990, which could now be worth an estimated £409,057. It was last sold for £425,000 in August 2022, which was around 26% below the average August 2022 detached price in the Fareham local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was C.

79 RED BARN LANE Sold Prices

Land registry data shows two sales for 79 RED BARN LANE 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 79 RED BARN LANE 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
2022 30 AUG	£425,000	£573,709	26% below HPI
2020 22 MAY	£292,500	£453,456	35% below HPI

79 RED BARN LANE 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 79 RED BARN LANE sales from May 2020 and August 2022 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 2020 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the August 2022 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 79 RED BARN LANE be worth now?

79 RED BARN LANE might now be worth an estimated £409,057.

This is based on house price deflation of 3.8%, between August 2022 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 3.8% deflationary decrease is applied to the most recent sale price for 79 RED BARN LANE of £425,000 on 30th August 2022. For the value to have decreased from £425,000 to £409,057 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 79 RED BARN LANE has moved in line with the HPI for detached houses in the Fareham local authority area.
• The August 2022 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 79 RED BARN LANE has not materially changed since August 2022.

How Large is 79 RED BARN LANE?

79 RED BARN LANE is 83m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 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 79 RED BARN LANE lies on this distribution: 16% of detached houses houses are smaller than 79 RED BARN LANE, and 83% of houses are larger. Note that EPC data is not available for all properties in Fareham.

79 RED BARN LANE: Plot and Title Map

79 RED BARN LANE sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 79 RED BARN 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 79 RED BARN 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.

Where is 79 RED BARN LANE?

79 RED BARN LANE is located in FAREHAM, in the PO15 postcode district. The below map shows the position of No. 79 on RED BARN LANE.