4, SHETLAND RISE, WHITELEY, FAREHAM, PO15 7JP - £510,000

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.

4 SHETLAND RISE is a small extended detached house of 119m², built sometime between 1996 and 2002, which could now be worth an estimated £487,658. It was last sold for £510,000 in September 2022, which was around 11% below the average September 2022 detached price in the Fareham local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

4 SHETLAND RISE Sold Prices

Land registry data shows three sales for 4 SHETLAND RISE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. All of the three 4 SHETLAND RISE 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
2022 30 SEP	£510,000	£574,891	11% below HPI
2000 6 OCT	£127,500	£186,758	32% below HPI
1998 29 JUN	£100,000	£131,992	24% below HPI

4 SHETLAND RISE 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 three 4 SHETLAND RISE sales between June 1998 and September 2022 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 October 2000 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the September 2022 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 4 SHETLAND RISE be worth now?

4 SHETLAND RISE might now be worth an estimated £487,658.

This is based on house price deflation of 4.4%, between September 2022 and March 2025, for detached 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 4.4% deflationary decrease is applied to the most recent sale price for 4 SHETLAND RISE of £510,000 on 30th September 2022. For the value to have decreased from £510,000 to £487,658 over the three years and six months to March 2025, the following assumptions must hold true:

• The value of 4 SHETLAND RISE has moved in line with the HPI for detached houses in the Fareham local authority area.
• The September 2022 sale price of £510,000 represented a fair market value for the property.
• The size, condition, and specification of 4 SHETLAND RISE has not materially changed since September 2022.

How Large is 4 SHETLAND RISE?

4 SHETLAND RISE is 119m², which includes two extensions, according to the EPC inspection conducted in August 2020. This puts it in the smallest 40% of detached houses houses in Swanwick, based on EPC data. The below chart shows the distribution of detached houses houses by size in Swanwick, and where 4 SHETLAND RISE lies on this distribution: 32% of detached houses houses are smaller than 4 SHETLAND RISE, and 67% of houses are larger. Note that EPC data is not available for all properties in Swanwick.

4 SHETLAND RISE: Plot and Title Map

4 SHETLAND RISE sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 4 SHETLAND RISE, 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 4 SHETLAND RISE). 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 4 SHETLAND RISE?

4 SHETLAND RISE is located in WHITELEY, in the PO15 postcode district. The below map shows the position of No. 4 on SHETLAND RISE.