FAR CLOSE, WINCHESTER ROAD, WICKHAM, FAREHAM, PO17 5EX - £580,000

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.

FAR CLOSE is a small semi-detached house of 114m², built sometime between 1983 and 1990, which could now be worth an estimated £589,697. It was last sold for £580,000 in December 2022, which was around 20% above the average December 2022 semi-detached price in the Winchester local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was B.

FAR CLOSE Sold Prices

Land registry data shows two sales for FAR CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Winchester local authority area for the corresponding sale date. Both of the two FAR CLOSE sales were for above 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 16 DEC	£580,000	£481,911	20% above HPI
1997 28 JUL	£142,000	£94,077	51% above HPI

FAR CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Winchester local authority area over time, sourced from the HPI. The two FAR CLOSE sales from July 1997 and December 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 July 1997 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the December 2022 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might FAR CLOSE be worth now?

FAR CLOSE might now be worth an estimated £589,697.

This is based on house price inflation of 1.7%, between December 2022 and March 2025, for semi-detached houses, in the Winchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.7% inflationary increase is applied to the most recent sale price for FAR CLOSE of £580,000 on 16th December 2022. For the value to have increased from £580,000 to £589,697 over the three years and nine months to March 2025, the following assumptions must hold true:

• The value of FAR CLOSE has moved in line with the HPI for semi-detached houses in the Winchester local authority area.
• The December 2022 sale price of £580,000 represented a fair market value for the property.
• The size, condition, and specification of FAR CLOSE has not materially changed since December 2022.

How Large is FAR CLOSE?

FAR CLOSE is 114m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 30% of semi-detached houses houses in Wickham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wickham, and where FAR CLOSE lies on this distribution: 25% of semi-detached houses houses are smaller than FAR CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Wickham.

FAR CLOSE: Plot and Title Map

FAR CLOSE sits on a plot of roughly 0.382 of an acre, or 1,547m². The below map shows the location of FAR 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 FAR 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 FAR CLOSE?

FAR CLOSE is located on WINCHESTER ROAD in WICKHAM, in the PO17 postcode district. The below map shows the position of FAR CLOSE on WINCHESTER ROAD.