11, SUMAR CLOSE, FAREHAM, PO14 2EH - £506,000

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.

11 SUMAR CLOSE is a large extended detached house of 136m², built sometime between 1976 and 1982, which could now be worth an estimated £595,208. It was last sold for £506,000 in February 2019, which was around 9% above the average February 2019 detached price in the Fareham local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was C.

11 SUMAR CLOSE Sold Prices

Land registry data shows two sales for 11 SUMAR CLOSE 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. One of the two 11 SUMAR CLOSE sales was for above the average price, whilst the other was 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
2019 15 FEB	£506,000	£462,707	9% above HPI
2001 18 OCT	£190,000	£208,751	9% below HPI

11 SUMAR 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 two 11 SUMAR CLOSE sales from October 2001 and February 2019 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 October 2001 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the February 2019 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 11 SUMAR CLOSE be worth now?

11 SUMAR CLOSE might now be worth an estimated £595,208.

This is based on house price inflation of 17.6%, between February 2019 and May 2026, 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 17.6% inflationary increase is applied to the most recent sale price for 11 SUMAR CLOSE of £506,000 on 15th February 2019. For the value to have increased from £506,000 to £595,208 over the six years and nine months to May 2026, the following assumptions must hold true:

• The value of 11 SUMAR CLOSE has moved in line with the HPI for detached houses in the Fareham local authority area.
• The February 2019 sale price of £506,000 represented a fair market value for the property.
• The size, condition, and specification of 11 SUMAR CLOSE has not materially changed since February 2019.

How Large is 11 SUMAR CLOSE?

11 SUMAR CLOSE is 136m², which includes two extensions, according to the EPC inspection conducted in July 2018. This puts it in the largest 30% of detached houses houses in Stubbington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stubbington, and where 11 SUMAR CLOSE lies on this distribution: 72% of detached houses houses are smaller than 11 SUMAR CLOSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Stubbington.

11 SUMAR CLOSE: Plot and Title Map

11 SUMAR CLOSE sits on a plot of roughly 0.162 of an acre, or 656m². The below map shows the location of 11 SUMAR 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 11 SUMAR 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 11 SUMAR CLOSE?

11 SUMAR CLOSE is located in FAREHAM, in the PO14 postcode district. The below map shows the position of No. 11 on SUMAR CLOSE.