48, NORTH WALLINGTON, FAREHAM, PO16 8TE - £270,000

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.

48 NORTH WALLINGTON is a very small terraced house of 46m², built sometime between 1900 and 1929, which could now be worth an estimated £274,977. It was last sold for £270,000 in September 2023, which was around 3% below the average September 2023 terraced price in the Fareham local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was A.

48 NORTH WALLINGTON Sold Prices

Land registry data shows two sales for 48 NORTH WALLINGTON since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Fareham local authority area for the corresponding sale date. Both of the two 48 NORTH WALLINGTON 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
2023 29 SEP	£270,000	£279,780	3% below HPI
2009 1 MAY	£130,000	£146,343	11% below HPI

48 NORTH WALLINGTON Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Fareham local authority area over time, sourced from the HPI. The two 48 NORTH WALLINGTON sales from May 2009 and September 2023 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 2009 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the September 2023 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 48 NORTH WALLINGTON be worth now?

48 NORTH WALLINGTON might now be worth an estimated £274,977.

This is based on house price inflation of 1.8%, between September 2023 and March 2026, for terraced 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 1.8% inflationary increase is applied to the most recent sale price for 48 NORTH WALLINGTON of £270,000 on 29th September 2023. For the value to have increased from £270,000 to £274,977 over the three years and six months to March 2026, the following assumptions must hold true:

• The value of 48 NORTH WALLINGTON has moved in line with the HPI for terraced houses in the Fareham local authority area.
• The September 2023 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 48 NORTH WALLINGTON has not materially changed since September 2023.

How Large is 48 NORTH WALLINGTON?

48 NORTH WALLINGTON is 46m² according to the EPC inspection conducted in September 2023. This puts it in the smallest 10% of terraced houses houses in Fareham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Fareham, and where 48 NORTH WALLINGTON lies on this distribution: Less than 1% of terraced houses houses are smaller than 48 NORTH WALLINGTON, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Fareham.

48 NORTH WALLINGTON: Plot and Title Map

48 NORTH WALLINGTON sits on a plot of roughly 0.015 of an acre, or 59m². The below map shows the location of 48 NORTH WALLINGTON, 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 48 NORTH WALLINGTON). 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 48 NORTH WALLINGTON?

48 NORTH WALLINGTON is located in FAREHAM, in the PO16 postcode district. The below map shows the position of No. 48 on NORTH WALLINGTON.