2, ABBEY ROAD, FAREHAM, PO15 5HJ - £280,000

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.

2 ABBEY ROAD is a very small semi-detached house of 59m², built sometime between 1950 and 1966, which could now be worth an estimated £362,609. It was last sold for £280,000 in May 2017, which was around 5% above the average May 2017 semi-detached price in the Fareham local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

2 ABBEY ROAD Sold Prices

Land registry data shows two sales for 2 ABBEY ROAD 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 Fareham local authority area for the corresponding sale date. One of the two 2 ABBEY ROAD 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
2017 31 MAY	£280,000	£266,505	5% above HPI
2014 30 MAY	£186,000	£210,159	11% below HPI

2 ABBEY ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Fareham local authority area over time, sourced from the HPI. The two 2 ABBEY ROAD sales from May 2014 and May 2017 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 May 2014 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the May 2017 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 2 ABBEY ROAD be worth now?

2 ABBEY ROAD might now be worth an estimated £362,609.

This is based on house price inflation of 29.5%, between May 2017 and March 2026, for semi-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 29.5% inflationary increase is applied to the most recent sale price for 2 ABBEY ROAD of £280,000 on 31st May 2017. For the value to have increased from £280,000 to £362,609 over the nine years and two months to March 2026, the following assumptions must hold true:

• The value of 2 ABBEY ROAD has moved in line with the HPI for semi-detached houses in the Fareham local authority area.
• The May 2017 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ABBEY ROAD has not materially changed since May 2017.

How Large is 2 ABBEY ROAD?

2 ABBEY ROAD is 59m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 10% of semi-detached houses houses in Fareham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Fareham, and where 2 ABBEY ROAD lies on this distribution: 3% of semi-detached houses houses are smaller than 2 ABBEY ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Fareham.

2 ABBEY ROAD: Plot and Title Map

2 ABBEY ROAD sits on a plot of roughly 5.8 acres, or 23,327m². The below map shows the location of 2 ABBEY ROAD, 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 2 ABBEY ROAD). 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 2 ABBEY ROAD?

2 ABBEY ROAD is located in FAREHAM, in the PO15 postcode district. The below map shows the position of No. 2 on ABBEY ROAD.