8, CASPIAN CLOSE, WHITELEY, FAREHAM, PO15 7BP - £420,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 CASPIAN CLOSE is a midsized extended detached house of 142m², built sometime between 1996 and 2002. It was last sold for £420,000 in October 2018, which was around 8% below the average October 2018 detached price in the Fareham local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was C.

8 CASPIAN CLOSE Sold Prices

Land registry data shows three sales for 8 CASPIAN 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 CASPIAN 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
2018 5 OCT	£420,000	£457,200	8% below HPI
2015 6 NOV	£365,000	£390,400	7% below HPI
1997 19 DEC	£115,000	£122,733	6% below HPI

8 CASPIAN 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 CASPIAN CLOSE sales between December 1997 and October 2018 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 November 2015 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the October 2018 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 8 CASPIAN CLOSE?

8 CASPIAN CLOSE is 142m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the largest 50% of detached houses in Swanwick, based on EPC data. The below chart shows the distribution of detached houses by size in Swanwick, and where 8 CASPIAN CLOSE lies on this distribution: 58% of detached houses are smaller than 8 CASPIAN CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Swanwick.

8 CASPIAN CLOSE: Plot and Title Map

8 CASPIAN CLOSE sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 8 CASPIAN 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 CASPIAN 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 CASPIAN CLOSE?

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