2, FAY CLOSE, FAREHAM, PO14 2RS - £360,000

2 FAY CLOSE is a small detached house of 84m², built sometime between 1950 and 1966. It was last sold for £360,000 in June 2018, which was around 21% below the average June 2018 detached price in the Fareham local authority area. The most recent EPC inspection was May 2012, where the current energy rating was F, and the potential energy rating was C.

2 FAY CLOSE Sold Prices

Land registry data shows two sales for 2 FAY 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. Both of the two 2 FAY 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
2018 26 JUN	£360,000	£455,902	21% below HPI
2013 13 MAY	£205,000	£319,853	36% below HPI

2 FAY 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 2 FAY CLOSE sales from May 2013 and June 2018 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 2013 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the June 2018 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 2 FAY CLOSE?

2 FAY CLOSE is 84m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 30% of detached houses in Stubbington, based on EPC data. The below chart shows the distribution of detached houses by size in Stubbington, and where 2 FAY CLOSE lies on this distribution: 23% of detached houses are smaller than 2 FAY CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Stubbington.

2 FAY CLOSE: Plot and Title Map

2 FAY CLOSE sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 2 FAY 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 2 FAY 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 2 FAY CLOSE?

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