8, AUDRET CLOSE, FAREHAM, PO16 9ER - £218,500

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.

8 AUDRET CLOSE is a very small detached house of 74m², built sometime between 1983 and 1990, which could now be worth an estimated £357,150. It was last sold for £218,500 in April 2008, which was around 35% below the average April 2008 detached price in the Fareham local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was C.

8 AUDRET CLOSE Sold Prices

Land registry data shows two sales for 8 AUDRET CLOSE 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 8 AUDRET CLOSE 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
2008 3 APR	£218,500	£337,821	35% below HPI
1999 10 DEC	£108,000	£148,554	27% below HPI

8 AUDRET CLOSE 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 8 AUDRET CLOSE sales from December 1999 and April 2008 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 December 1999 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the April 2008 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 8 AUDRET CLOSE be worth now?

8 AUDRET CLOSE might now be worth an estimated £357,150.

This is based on house price inflation of 63.5%, between April 2008 and February 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 63.5% inflationary increase is applied to the most recent sale price for 8 AUDRET CLOSE of £218,500 on 3rd April 2008. For the value to have increased from £218,500 to £357,150 over the seventeen years and two months to February 2025, the following assumptions must hold true:

• The value of 8 AUDRET CLOSE has moved in line with the HPI for detached houses in the Fareham local authority area.
• The April 2008 sale price of £218,500 represented a fair market value for the property.
• The size, condition, and specification of 8 AUDRET CLOSE has not materially changed since April 2008.

How Large is 8 AUDRET CLOSE?

8 AUDRET CLOSE is 74m² according to the EPC inspection conducted in April 2011. This puts it in the smallest 10% of detached houses houses in Portsmouth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Portsmouth, and where 8 AUDRET CLOSE lies on this distribution: 10% of detached houses houses are smaller than 8 AUDRET CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Portsmouth.

8 AUDRET CLOSE: Plot and Title Map

8 AUDRET CLOSE sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 8 AUDRET CLOSE, 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 8 AUDRET CLOSE). 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 8 AUDRET CLOSE?

8 AUDRET CLOSE is located in FAREHAM, in the PO16 postcode district. The below map shows the position of No. 8 on AUDRET CLOSE.