8, ASHLYN CLOSE, FAREHAM, PO15 5PH - £292,000

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.

8 ASHLYN CLOSE is a very small detached house of 64m², built sometime between 1967 and 1975, which could now be worth an estimated £348,468. It was last sold for £292,000 in February 2019, which was around 37% below the average February 2019 detached price in the Fareham local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was B.

8 ASHLYN CLOSE Sold Prices

Land registry data shows three sales for 8 ASHLYN 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 8 ASHLYN 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
2019 22 FEB	£292,000	£462,707	37% below HPI
2001 7 FEB	£133,000	£182,316	27% below HPI
1999 7 MAY	£87,000	£134,314	35% below HPI

8 ASHLYN 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 8 ASHLYN CLOSE sales between May 1999 and February 2019 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 February 2001 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the February 2019 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 8 ASHLYN CLOSE be worth now?

8 ASHLYN CLOSE might now be worth an estimated £348,468.

This is based on house price inflation of 19.3%, between February 2019 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 19.3% inflationary increase is applied to the most recent sale price for 8 ASHLYN CLOSE of £292,000 on 22nd February 2019. For the value to have increased from £292,000 to £348,468 over the six years to February 2025, the following assumptions must hold true:

• The value of 8 ASHLYN CLOSE has moved in line with the HPI for detached houses in the Fareham local authority area.
• The February 2019 sale price of £292,000 represented a fair market value for the property.
• The size, condition, and specification of 8 ASHLYN CLOSE has not materially changed since February 2019.

How Large is 8 ASHLYN CLOSE?

8 ASHLYN CLOSE is 64m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 10% 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 8 ASHLYN CLOSE lies on this distribution: 4% of detached houses houses are smaller than 8 ASHLYN CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Fareham.

8 ASHLYN CLOSE: Plot and Title Map

8 ASHLYN CLOSE sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 8 ASHLYN 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 8 ASHLYN 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 8 ASHLYN CLOSE?

8 ASHLYN CLOSE is located in FAREHAM, in the PO15 postcode district. The below map shows the position of No. 8 on ASHLYN CLOSE.