3, PARK FARM CLOSE, FAREHAM, PO15 6LP - £311,000

3 PARK FARM CLOSE is a midsized extended detached house of 108m², built sometime between 1967 and 1975. It was last sold for £311,000 in October 2016, which was around 27% below the average October 2016 detached price in the Fareham local authority area. The most recent EPC inspection was July 2016, where the current energy rating was C, and the potential energy rating was B.

3 PARK FARM CLOSE Sold Prices

Land registry data shows two sales for 3 PARK FARM 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 3 PARK FARM 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
2016 28 OCT	£311,000	£423,827	27% below HPI
2006 31 MAR	£238,000	£286,974	17% below HPI

3 PARK FARM 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 3 PARK FARM CLOSE sales from March 2006 and October 2016 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 March 2006 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the October 2016 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 3 PARK FARM CLOSE?

3 PARK FARM CLOSE is 108m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the smallest 50% of detached houses in Fareham, based on EPC data. The below chart shows the distribution of detached houses by size in Fareham, and where 3 PARK FARM CLOSE lies on this distribution: 42% of detached houses are smaller than 3 PARK FARM CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Fareham.

3 PARK FARM CLOSE: Plot and Title Map

3 PARK FARM CLOSE sits on a plot of roughly 0.102 of an acre, or 411m². The below map shows the location of 3 PARK FARM 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 3 PARK FARM 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 3 PARK FARM CLOSE?

3 PARK FARM CLOSE is located in FAREHAM, in the PO15 postcode district. The below map shows the position of No. 3 on PARK FARM CLOSE.