1, OXFORD CLOSE, FAREHAM, PO16 7PA - £354,000

1 OXFORD CLOSE is a very small extended detached house of 85m², built sometime between 1950 and 1966. It was last sold for £354,000 in January 2020, which was around 23% below the average January 2020 detached price in the Fareham local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

1 OXFORD CLOSE Sold Prices

Land registry data shows four sales for 1 OXFORD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. All of the four 1 OXFORD CLOSE 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
2020 24 JAN	£354,000	£457,856	23% below HPI
2012 7 DEC	£244,000	£313,230	22% below HPI
1998 26 JUN	£110,000	£130,774	16% below HPI
1996 2 AUG	£83,500	£106,354	21% below HPI

1 OXFORD CLOSE 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 four 1 OXFORD CLOSE sales between August 1996 and January 2020 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 December 2012 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the January 2020 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 1 OXFORD CLOSE?

1 OXFORD CLOSE is 85m², which includes one extension, according to the EPC inspection conducted in May 2012. This puts it in the smallest 20% of detached houses in Fareham, based on EPC data. The below chart shows the distribution of detached houses by size in Fareham, and where 1 OXFORD CLOSE lies on this distribution: 18% of detached houses are smaller than 1 OXFORD CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Fareham.

1 OXFORD CLOSE: Plot and Title Map

1 OXFORD CLOSE sits on a plot of roughly 0.099 of an acre, or 401m². The below map shows the location of 1 OXFORD 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 1 OXFORD 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 1 OXFORD CLOSE?

1 OXFORD CLOSE is located in FAREHAM, in the PO16 postcode district. The below map shows the position of No. 1 on OXFORD CLOSE.