3A, MURRAY CLOSE, FAREHAM, PO15 5BA - £307,500

3A MURRAY CLOSE is a very small detached house of 65m², built sometime between 1996 and 2002. It was last sold for £307,500 in June 2021, which was around 37% below the average June 2021 detached price in the Fareham local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was B.

3A MURRAY CLOSE Sold Prices

Land registry data shows five sales for 3A MURRAY CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. All of the five 3A MURRAY 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
2021 23 JUN	£307,500	£490,561	37% below HPI
2014 27 MAY	£190,000	£341,747	44% below HPI
2004 1 MAR	£170,000	£268,054	37% below HPI
2002 31 JUL	£150,000	£225,598	34% below HPI
2002 10 MAY	£123,000	£217,404	43% below HPI

3A MURRAY 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 five 3A MURRAY CLOSE sales between May 2002 and June 2021 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 2014 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the June 2021 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 3A MURRAY CLOSE?

3A MURRAY CLOSE is 65m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 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 3A MURRAY CLOSE lies on this distribution: 5% of detached houses are smaller than 3A MURRAY CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Fareham.

3A MURRAY CLOSE: Plot and Title Map

3A MURRAY CLOSE sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 3A MURRAY 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 3A MURRAY 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 3A MURRAY CLOSE?

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