2, ABBOTS WAY, FAREHAM, PO15 5BX - £400,000

2 ABBOTS WAY is a very small extended detached house of 81m², built sometime between 1950 and 1966. It was last sold for £400,000 in October 2023, which was around 26% below the average October 2023 detached price in the Fareham local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

2 ABBOTS WAY Sold Prices

Land registry data shows two sales for 2 ABBOTS WAY 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 2 ABBOTS WAY 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
2023 4 OCT	£400,000	£543,521	26% below HPI
2014 31 JUL	£218,000	£355,230	39% below HPI

2 ABBOTS WAY 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 2 ABBOTS WAY sales from July 2014 and October 2023 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 2014 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the October 2023 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 2 ABBOTS WAY?

2 ABBOTS WAY is 81m², which includes one extension, according to the EPC inspection conducted in March 2023. 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 2 ABBOTS WAY lies on this distribution: 15% of detached houses are smaller than 2 ABBOTS WAY, and 84% of houses are larger. Note that EPC data is not available for all properties in Fareham.

2 ABBOTS WAY: Plot and Title Map

2 ABBOTS WAY sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 2 ABBOTS WAY, 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 ABBOTS WAY). 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 ABBOTS WAY?

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