9, BALMORAL ROAD, FAREHAM, PO15 6AR - £305,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

9 BALMORAL ROAD is a very small detached house of 85m², built sometime between 1950 and 1966, which could now be worth an estimated £374,812. It was last sold for £305,000 in January 2018, which was around 32% below the average January 2018 detached price in the Fareham local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

9 BALMORAL ROAD Sold Prices

Land registry data shows two sales for 9 BALMORAL ROAD 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 9 BALMORAL 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
2018 26 JAN	£305,000	£449,337	32% below HPI
2000 13 APR	£125,000	£157,224	20% below HPI

9 BALMORAL 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 two 9 BALMORAL ROAD sales from April 2000 and January 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 April 2000 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the January 2018 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 9 BALMORAL ROAD be worth now?

9 BALMORAL ROAD might now be worth an estimated £374,812.

This is based on house price inflation of 22.9%, between January 2018 and February 2025, for detached houses, in the Fareham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.9% inflationary increase is applied to the most recent sale price for 9 BALMORAL ROAD of £305,000 on 26th January 2018. For the value to have increased from £305,000 to £374,812 over the six years and eleven months to February 2025, the following assumptions must hold true:

• The value of 9 BALMORAL ROAD has moved in line with the HPI for detached houses in the Fareham local authority area.
• The January 2018 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 9 BALMORAL ROAD has not materially changed since January 2018.

How Large is 9 BALMORAL ROAD?

9 BALMORAL ROAD is 85m² according to the EPC inspection conducted in April 2017. This puts it in the smallest 20% of detached houses houses in Fareham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fareham, and where 9 BALMORAL ROAD lies on this distribution: 18% of detached houses houses are smaller than 9 BALMORAL ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Fareham.

9 BALMORAL ROAD: Plot and Title Map

9 BALMORAL ROAD sits on a plot of roughly 0.124 of an acre, or 503m². The below map shows the location of 9 BALMORAL 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 9 BALMORAL 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 9 BALMORAL ROAD?

9 BALMORAL ROAD is located in FAREHAM, in the PO15 postcode district. The below map shows the position of No. 9 on BALMORAL ROAD.