8, FORTIES CLOSE, FAREHAM, PO14 3RZ - £325,000

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

8 FORTIES CLOSE is a small detached house of 84m², built sometime between 1976 and 1982. It was last sold for £325,000 in June 2017, which was around 26% below the average June 2017 detached price in the Fareham local authority area. The most recent EPC inspection was November 2014, where the current energy rating was C, and the potential energy rating was B.

8 FORTIES CLOSE Sold Prices

Land registry data shows five sales for 8 FORTIES CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. All of the five 8 FORTIES 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
2017 13 JUN	£325,000	£438,506	26% below HPI
2015 9 MAR	£267,000	£373,678	29% below HPI
2002 12 APR	£155,000	£212,246	27% below HPI
2001 11 APR	£127,950	£181,630	30% below HPI
1999 20 SEP	£94,500	£142,940	34% below HPI

8 FORTIES 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 five 8 FORTIES CLOSE sales between September 1999 and June 2017 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 March 2015 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the June 2017 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 8 FORTIES CLOSE?

8 FORTIES CLOSE is 84m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 30% of detached houses in Stubbington, based on EPC data. The below chart shows the distribution of detached houses by size in Stubbington, and where 8 FORTIES CLOSE lies on this distribution: 23% of detached houses are smaller than 8 FORTIES CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Stubbington.

8 FORTIES CLOSE: Plot and Title Map

8 FORTIES CLOSE sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 8 FORTIES 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 FORTIES 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 FORTIES CLOSE?

8 FORTIES CLOSE is located in FAREHAM, in the PO14 postcode district. The below map shows the position of No. 8 on FORTIES CLOSE.