56, PENHALE GARDENS, FAREHAM, PO14 4NL - £207,000

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.

56 PENHALE GARDENS is a very small terraced house of 45m², built sometime between 1983 and 1990, which could now be worth an estimated £221,398. It was last sold for £207,000 in August 2021, which was around 20% below the average August 2021 terraced price in the Fareham local authority area. The most recent EPC inspection was March 2018, where the current energy rating was C, and the potential energy rating was B.

56 PENHALE GARDENS Sold Prices

Land registry data shows eight sales for 56 PENHALE GARDENS since 1^st January 1995. The below table shows the price paid for the eight sales, along with the average terraced price in the Fareham local authority area for the corresponding sale date. All of the eight 56 PENHALE GARDENS 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 9 AUG	£207,000	£259,804	20% below HPI
2020 13 MAR	£172,500	£228,509	25% below HPI
2010 16 JUN	£144,500	£159,152	9% below HPI
2007 13 NOV	£125,000	£170,228	27% below HPI
2003 22 DEC	£114,000	£130,735	13% below HPI
2002 28 JUN	£87,950	£103,760	15% below HPI
2000 31 MAR	£58,995	£73,029	19% below HPI
1997 27 MAR	£40,000	£53,286	25% below HPI

56 PENHALE GARDENS 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 eight 56 PENHALE GARDENS sales between March 1997 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 March 2020 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2021 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 56 PENHALE GARDENS be worth now?

56 PENHALE GARDENS might now be worth an estimated £221,398.

This is based on house price inflation of 7%, between August 2021 and July 2025, 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 7% inflationary increase is applied to the most recent sale price for 56 PENHALE GARDENS of £207,000 on 9th August 2021. For the value to have increased from £207,000 to £221,398 over the four years and one month to July 2025, the following assumptions must hold true:

• The value of 56 PENHALE GARDENS has moved in line with the HPI for terraced houses in the Fareham local authority area.
• The August 2021 sale price of £207,000 represented a fair market value for the property.
• The size, condition, and specification of 56 PENHALE GARDENS has not materially changed since August 2021.

How Large is 56 PENHALE GARDENS?

56 PENHALE GARDENS is 45m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 10% of terraced houses houses in Titchfield Common, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Titchfield Common, and where 56 PENHALE GARDENS lies on this distribution: Less than 1% of terraced houses houses are smaller than 56 PENHALE GARDENS, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Titchfield Common.

56 PENHALE GARDENS: Plot and Title Map

56 PENHALE GARDENS sits on a plot of roughly 0.013 of an acre, or 54m². The below map shows the location of 56 PENHALE GARDENS, 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 56 PENHALE GARDENS). 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 56 PENHALE GARDENS?

56 PENHALE GARDENS is located in FAREHAM, in the PO14 postcode district. The below map shows the position of No. 56 on PENHALE GARDENS.