8, BISHOPS GATE, FAREHAM, PO14 4QE - £285,000

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.

8 BISHOPS GATE is a very small extended terraced house of 83m², built sometime between 1976 and 1982, which could now be worth an estimated £344,347. It was last sold for £285,000 in February 2020, which was around 24% above the average February 2020 terraced price in the Fareham local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was B.

8 BISHOPS GATE Sold Prices

Land registry data shows four sales for 8 BISHOPS GATE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Fareham local authority area for the corresponding sale date. All of the four 8 BISHOPS GATE sales were for above 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
2020 14 FEB	£285,000	£229,984	24% above HPI
2005 24 NOV	£192,000	£145,329	32% above HPI
2002 24 MAY	£142,000	£101,979	39% above HPI
1996 20 DEC	£71,500	£51,177	40% above HPI

8 BISHOPS GATE 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 four 8 BISHOPS GATE sales between December 1996 and February 2020 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 2005 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the February 2020 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 8 BISHOPS GATE be worth now?

8 BISHOPS GATE might now be worth an estimated £344,347.

This is based on house price inflation of 20.8%, between February 2020 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 20.8% inflationary increase is applied to the most recent sale price for 8 BISHOPS GATE of £285,000 on 14th February 2020. For the value to have increased from £285,000 to £344,347 over the four years and seven months to July 2025, the following assumptions must hold true:

• The value of 8 BISHOPS GATE has moved in line with the HPI for terraced houses in the Fareham local authority area.
• The February 2020 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 8 BISHOPS GATE has not materially changed since February 2020.

How Large is 8 BISHOPS GATE?

8 BISHOPS GATE is 83m², which includes one extension, according to the EPC inspection conducted in August 2019. This puts it in the smallest 20% of terraced houses houses in Locks Heath, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Locks Heath, and where 8 BISHOPS GATE lies on this distribution: 13% of terraced houses houses are smaller than 8 BISHOPS GATE, and 87% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

8 BISHOPS GATE: Plot and Title Map

8 BISHOPS GATE sits on a plot of roughly 0.046 of an acre, or 188m². The below map shows the location of 8 BISHOPS GATE, 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 BISHOPS GATE). 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 BISHOPS GATE?

8 BISHOPS GATE is located in FAREHAM, in the PO14 postcode district. The below map shows the position of No. 8 on BISHOPS GATE.