1, CHERRY TREE AVENUE, FAREHAM, PO14 1PY - £279,995

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.

1 CHERRY TREE AVENUE is a very large detached house of 165m², built sometime between 1930 and 1949, which could now be worth an estimated £495,571. It was last sold for £279,995 in November 2006, which was around 8% below the average November 2006 detached price in the Fareham local authority area. The most recent EPC inspection was June 2016, where the current energy rating was E, and the potential energy rating was C.

1 CHERRY TREE AVENUE Sold Prices

Land registry data shows two sales for 1 CHERRY TREE AVENUE 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 1 CHERRY TREE AVENUE 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
2006 17 NOV	£279,995	£304,672	8% below HPI
2002 14 NOV	£187,000	£257,849	27% below HPI

1 CHERRY TREE AVENUE 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 1 CHERRY TREE AVENUE sales from November 2002 and November 2006 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 2002 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the November 2006 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 1 CHERRY TREE AVENUE be worth now?

1 CHERRY TREE AVENUE might now be worth an estimated £495,571.

This is based on house price inflation of 77%, between November 2006 and June 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 77% inflationary increase is applied to the most recent sale price for 1 CHERRY TREE AVENUE of £279,995 on 17th November 2006. For the value to have increased from £279,995 to £495,571 over the nineteen years and five months to June 2025, the following assumptions must hold true:

• The value of 1 CHERRY TREE AVENUE has moved in line with the HPI for detached houses in the Fareham local authority area.
• The November 2006 sale price of £279,995 represented a fair market value for the property.
• The size, condition, and specification of 1 CHERRY TREE AVENUE has not materially changed since November 2006.

How Large is 1 CHERRY TREE AVENUE?

1 CHERRY TREE AVENUE is 165m² according to the EPC inspection conducted in June 2016. This puts it in the largest 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 1 CHERRY TREE AVENUE lies on this distribution: 81% of detached houses houses are smaller than 1 CHERRY TREE AVENUE, and 19% of houses are larger. Note that EPC data is not available for all properties in Fareham.

1 CHERRY TREE AVENUE: Plot and Title Map

1 CHERRY TREE AVENUE sits on a plot of roughly 0.114 of an acre, or 462m². The below map shows the location of 1 CHERRY TREE AVENUE, 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 1 CHERRY TREE AVENUE). 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 1 CHERRY TREE AVENUE?

1 CHERRY TREE AVENUE is located in FAREHAM, in the PO14 postcode district. The below map shows the position of No. 1 on CHERRY TREE AVENUE.