7, MORSHEAD CRESCENT, FAREHAM, PO16 7QP - £399,950

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.

7 MORSHEAD CRESCENT is a midsized extended detached house of 115m², built sometime between 1967 and 1975, which could now be worth an estimated £468,702. It was last sold for £399,950 in June 2018, which was around 13% below the average June 2018 detached price in the Fareham local authority area. The most recent EPC inspection was February 2018, where the current energy rating was C, and the potential energy rating was B.

7 MORSHEAD CRESCENT Sold Prices

Land registry data shows two sales for 7 MORSHEAD CRESCENT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. Both of the two 7 MORSHEAD CRESCENT 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
2018 26 JUN	£399,950	£460,147	13% below HPI
2007 15 JUN	£260,000	£323,143	20% below HPI

7 MORSHEAD CRESCENT 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 two 7 MORSHEAD CRESCENT sales from June 2007 and June 2018 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 June 2007 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the June 2018 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 7 MORSHEAD CRESCENT be worth now?

7 MORSHEAD CRESCENT might now be worth an estimated £468,702.

This is based on house price inflation of 17.2%, between June 2018 and June 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 17.2% inflationary increase is applied to the most recent sale price for 7 MORSHEAD CRESCENT of £399,950 on 26th June 2018. For the value to have increased from £399,950 to £468,702 over the seven years to June 2025, the following assumptions must hold true:

• The value of 7 MORSHEAD CRESCENT has moved in line with the HPI for detached houses in the Fareham local authority area.
• The June 2018 sale price of £399,950 represented a fair market value for the property.
• The size, condition, and specification of 7 MORSHEAD CRESCENT has not materially changed since June 2018.

How Large is 7 MORSHEAD CRESCENT?

7 MORSHEAD CRESCENT is 115m², which includes two extensions, according to the EPC inspection conducted in February 2018. This puts it in the smallest 50% of detached houses houses in Fareham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fareham, and where 7 MORSHEAD CRESCENT lies on this distribution: 49% of detached houses houses are smaller than 7 MORSHEAD CRESCENT, and 51% of houses are larger. Note that EPC data is not available for all properties in Fareham.

7 MORSHEAD CRESCENT: Plot and Title Map

7 MORSHEAD CRESCENT sits on a plot of roughly 0.133 of an acre, or 539m². The below map shows the location of 7 MORSHEAD CRESCENT, 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 7 MORSHEAD CRESCENT). 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 7 MORSHEAD CRESCENT?

7 MORSHEAD CRESCENT is located in FAREHAM, in the PO16 postcode district. The below map shows the position of No. 7 on MORSHEAD CRESCENT.