8, LAMBOURN CLOSE, FAREHAM, PO14 1SL - £342,500

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 LAMBOURN CLOSE is a very small extended detached house of 76m², built sometime between 1967 and 1975. It was last sold for £342,500 in November 2020, which was around 28% below the average November 2020 detached price in the Fareham local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was B.

8 LAMBOURN CLOSE Sold Prices

Land registry data shows two sales for 8 LAMBOURN CLOSE 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 8 LAMBOURN 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
2020 26 NOV	£342,500	£477,692	28% below HPI
1998 30 OCT	£109,950	£131,322	16% below HPI

8 LAMBOURN 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 two 8 LAMBOURN CLOSE sales from October 1998 and November 2020 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 1998 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the November 2020 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 8 LAMBOURN CLOSE?

8 LAMBOURN CLOSE is 76m², which includes one extension, according to the EPC inspection conducted in October 2020. This puts it in the smallest 20% of detached houses in Fareham, based on EPC data. The below chart shows the distribution of detached houses by size in Fareham, and where 8 LAMBOURN CLOSE lies on this distribution: 11% of detached houses are smaller than 8 LAMBOURN CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Fareham.

8 LAMBOURN CLOSE: Plot and Title Map

8 LAMBOURN CLOSE sits on a plot of roughly 0.138 of an acre, or 560m². The below map shows the location of 8 LAMBOURN 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 LAMBOURN 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 LAMBOURN CLOSE?

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