2, DEVONSHIRE WAY, FAREHAM, PO14 3AQ - £227,500

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 DEVONSHIRE WAY is a midsized extended terraced house of 118m², built sometime between 1967 and 1975, which could now be worth an estimated £382,468. It was last sold for £227,500 in March 2013, which was around 40% above the average March 2013 terraced price in the Fareham local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was C.

2 DEVONSHIRE WAY Sold Prices

Land registry data shows two sales for 2 DEVONSHIRE WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Fareham local authority area for the corresponding sale date. Both of the two 2 DEVONSHIRE WAY sales were for above 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
2013 22 MAR	£227,500	£162,746	40% above HPI
1995 14 JUL	£72,500	£48,388	50% above HPI

2 DEVONSHIRE WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Fareham local authority area over time, sourced from the HPI. The two 2 DEVONSHIRE WAY sales from July 1995 and March 2013 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 1995 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the March 2013 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might 2 DEVONSHIRE WAY be worth now?

2 DEVONSHIRE WAY might now be worth an estimated £382,468.

This is based on house price inflation of 68.1%, between March 2013 and June 2025, for terraced 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 68.1% inflationary increase is applied to the most recent sale price for 2 DEVONSHIRE WAY of £227,500 on 22nd March 2013. For the value to have increased from £227,500 to £382,468 over the eleven years and nine months to June 2025, the following assumptions must hold true:

• The value of 2 DEVONSHIRE WAY has moved in line with the HPI for terraced houses in the Fareham local authority area.
• The March 2013 sale price of £227,500 represented a fair market value for the property.
• The size, condition, and specification of 2 DEVONSHIRE WAY has not materially changed since March 2013.

How Large is 2 DEVONSHIRE WAY?

2 DEVONSHIRE WAY is 118m², which includes two extensions, according to the EPC inspection conducted in July 2009. This puts it in the largest 50% of terraced houses houses in Fareham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Fareham, and where 2 DEVONSHIRE WAY lies on this distribution: 53% of terraced houses houses are smaller than 2 DEVONSHIRE WAY, and 47% of houses are larger. Note that EPC data is not available for all properties in Fareham.

2 DEVONSHIRE WAY: Plot and Title Map

2 DEVONSHIRE WAY sits on a plot of roughly 0.085 of an acre, or 342m². The below map shows the location of 2 DEVONSHIRE 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 DEVONSHIRE 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 DEVONSHIRE WAY?

2 DEVONSHIRE WAY is located in FAREHAM, in the PO14 postcode district. The below map shows the position of No. 2 on DEVONSHIRE WAY.