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
97 GUDGE HEATH LANE is a large extended detached house of 145m², built sometime between 1983 and 1990. It was last sold for £385,000 in February 2018, which was around 13% below the average February 2018 detached price in the Fareham local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 97 GUDGE HEATH LANE since 1st 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 97 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 |
---|---|---|---|
2018 9 FEB | £385,000 | £443,773 | 13% below HPI |
2017 17 NOV | £420,000 | £450,648 | 7% below HPI |
1998 8 JAN | £117,500 | £123,225 | 5% below HPI |
The below graph shows the average detached house price in the Fareham local authority area over time, sourced from the HPI. The three 97 GUDGE HEATH LANE sales between January 1998 and February 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 November 2017 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the February 2018 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.
97 GUDGE HEATH LANE is 145m², which includes two extensions, according to the EPC inspection conducted in June 2017. This puts it in the largest 30% of detached houses in Fareham, based on EPC data. The below chart shows the distribution of detached houses by size in Fareham, and where 97 GUDGE HEATH LANE lies on this distribution: 73% of detached houses are smaller than 97 GUDGE HEATH LANE, and 27% of houses are larger. Note that EPC data is not available for all properties in Fareham.
97 GUDGE HEATH LANE sits on a plot of roughly 0.137 of an acre, or 556m². The below map shows the location of 97 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 97 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.
97 GUDGE HEATH LANE is located in FAREHAM, in the PO15 postcode district. The below map shows the position of No. 97 on GUDGE HEATH LANE.