8, STEPHEN ROAD, FAREHAM, PO15 5AE - £450,000

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 STEPHEN ROAD is a midsized extended detached house of 112m², built sometime between 1950 and 1966. It was last sold for £450,000 in July 2022, which was around 19% below the average July 2022 detached price in the Fareham local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.

8 STEPHEN ROAD Sold Prices

Land registry data shows three sales for 8 STEPHEN ROAD 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 STEPHEN ROAD 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 4 JUL	£450,000	£556,950	19% below HPI
2010 17 NOV	£249,950	£325,372	23% below HPI
2004 12 MAR	£205,000	£268,054	24% below HPI

8 STEPHEN ROAD 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 STEPHEN ROAD sales between March 2004 and July 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 November 2010 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the July 2022 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 8 STEPHEN ROAD?

8 STEPHEN ROAD is 112m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the smallest 50% 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 STEPHEN ROAD lies on this distribution: 46% of detached houses are smaller than 8 STEPHEN ROAD, and 53% of houses are larger. Note that EPC data is not available for all properties in Fareham.

8 STEPHEN ROAD: Plot and Title Map

8 STEPHEN ROAD sits on a plot of roughly 0.156 of an acre, or 632m². The below map shows the location of 8 STEPHEN ROAD, 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 STEPHEN ROAD). 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 STEPHEN ROAD?

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