25, PARK LANE, FAREHAM, PO16 7LE - £785,000

25 PARK LANE is a very large extended detached house of 195m², built sometime between 1967 and 1975. It was last sold for £785,000 in January 2019, which was around 71% above the average January 2019 detached price in the Fareham local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was B.

25 PARK LANE Sold Prices

Land registry data shows two sales for 25 PARK LANE 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 25 PARK LANE 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
2019 11 JAN	£785,000	£460,130	71% above HPI
2014 14 NOV	£420,000	£363,320	16% above HPI

25 PARK LANE 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 25 PARK LANE sales from November 2014 and January 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 November 2014 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the January 2019 sale, where it rises to 71% above the HPI. The line then continues to track at 71% above the HPI.

How Large is 25 PARK LANE?

25 PARK LANE is 195m², which includes three extensions, according to the EPC inspection conducted in August 2018. This puts it in the largest 10% of detached houses in Fareham, based on EPC data. The below chart shows the distribution of detached houses by size in Fareham, and where 25 PARK LANE lies on this distribution: 91% of detached houses are smaller than 25 PARK LANE, and 9% of houses are larger. Note that EPC data is not available for all properties in Fareham.

25 PARK LANE: Plot and Title Map

25 PARK LANE sits on a plot of roughly 0.254 of an acre, or 1,027m². The below map shows the location of 25 PARK LANE, 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 25 PARK LANE). 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 25 PARK LANE?

25 PARK LANE is located in FAREHAM, in the PO16 postcode district. The below map shows the position of No. 25 on PARK LANE.