87, GUDGE HEATH LANE, FAREHAM, PO15 5AZ - £405,000

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

87 GUDGE HEATH LANE is a very small detached house of 73m², built sometime between 1950 and 1966. It was last sold for £405,000 in January 2023, which was around 29% below the average January 2023 detached price in the Fareham local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

87 GUDGE HEATH LANE Sold Prices

Land registry data shows six sales for 87 GUDGE HEATH LANE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. All of the six 87 GUDGE HEATH LANE 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
2023 18 JAN	£405,000	£566,972	29% below HPI
2021 2 NOV	£385,000	£531,609	28% below HPI
2015 17 JUN	£255,000	£374,641	32% below HPI
2004 3 SEP	£180,000	£287,475	37% below HPI
1999 25 JUN	£86,500	£136,063	36% below HPI
1996 12 JUL	£65,500	£105,682	38% below HPI

87 GUDGE HEATH LANE 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 six 87 GUDGE HEATH LANE sales between July 1996 and January 2023 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 2021 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the January 2023 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 87 GUDGE HEATH LANE?

87 GUDGE HEATH LANE is 73m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 10% of detached houses in Fareham, based on EPC data. The below chart shows the distribution of detached houses by size in Fareham, and where 87 GUDGE HEATH LANE lies on this distribution: 9% of detached houses are smaller than 87 GUDGE HEATH LANE, and 91% of houses are larger. Note that EPC data is not available for all properties in Fareham.

87 GUDGE HEATH LANE: Plot and Title Map

87 GUDGE HEATH LANE sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 87 GUDGE HEATH LANE, 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 87 GUDGE HEATH LANE). 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 87 GUDGE HEATH LANE?

87 GUDGE HEATH LANE is located in FAREHAM, in the PO15 postcode district. The below map shows the position of No. 87 on GUDGE HEATH LANE.