50, OAK ROAD, FAREHAM, PO15 5HH - £279,950

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.

50 OAK ROAD is a small semi-detached house of 92m², built sometime between 1950 and 1966, which could now be worth an estimated £307,854. It was last sold for £279,950 in August 2021, which was around 10% below the average August 2021 semi-detached price in the Fareham local authority area. The most recent EPC inspection was February 2021, where the current energy rating was C, and the potential energy rating was B.

50 OAK ROAD Sold Prices

Land registry data shows three sales for 50 OAK ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Fareham local authority area for the corresponding sale date. All of the three 50 OAK ROAD 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 17 AUG	£279,950	£312,312	10% below HPI
2002 15 NOV	£128,000	£150,025	15% below HPI
1998 12 JAN	£63,000	£72,360	13% below HPI

50 OAK ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Fareham local authority area over time, sourced from the HPI. The three 50 OAK ROAD sales between January 1998 and August 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 November 2002 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2021 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 50 OAK ROAD be worth now?

50 OAK ROAD might now be worth an estimated £307,854.

This is based on house price inflation of 10%, between August 2021 and February 2025, for semi-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 10% inflationary increase is applied to the most recent sale price for 50 OAK ROAD of £279,950 on 17th August 2021. For the value to have increased from £279,950 to £307,854 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 50 OAK ROAD has moved in line with the HPI for semi-detached houses in the Fareham local authority area.
• The August 2021 sale price of £279,950 represented a fair market value for the property.
• The size, condition, and specification of 50 OAK ROAD has not materially changed since August 2021.

How Large is 50 OAK ROAD?

50 OAK ROAD is 92m² according to the EPC inspection conducted in February 2021. This puts it in the smallest 30% of semi-detached houses houses in Fareham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Fareham, and where 50 OAK ROAD lies on this distribution: 26% of semi-detached houses houses are smaller than 50 OAK ROAD, and 73% of houses are larger. Note that EPC data is not available for all properties in Fareham.

50 OAK ROAD: Plot and Title Map

50 OAK ROAD sits on a plot of roughly 2.2 acres, or 8,919m². The below map shows the location of 50 OAK ROAD, 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 50 OAK ROAD). 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 50 OAK ROAD?

50 OAK ROAD is located in FAREHAM, in the PO15 postcode district. The below map shows the position of No. 50 on OAK ROAD.