8, DEVONSHIRE WAY, FAREHAM, PO14 3AQ - £280,000

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 DEVONSHIRE WAY is a small extended terraced house of 102m², built sometime between 1976 and 1982, which could now be worth an estimated £335,679. It was last sold for £280,000 in December 2018, which was around 23% above the average December 2018 terraced price in the Fareham local authority area. The most recent EPC inspection was February 2018, where the current energy rating was B, and the potential energy rating was A.

8 DEVONSHIRE WAY Sold Prices

Land registry data shows three sales for 8 DEVONSHIRE WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Fareham local authority area for the corresponding sale date. All of the three 8 DEVONSHIRE WAY 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
2018 19 DEC	£280,000	£228,222	23% above HPI
2005 9 SEP	£176,000	£148,554	18% above HPI
2000 12 JUN	£99,500	£77,222	29% above HPI

8 DEVONSHIRE WAY 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 three 8 DEVONSHIRE WAY sales between June 2000 and December 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 September 2005 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the December 2018 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 8 DEVONSHIRE WAY be worth now?

8 DEVONSHIRE WAY might now be worth an estimated £335,679.

This is based on house price inflation of 19.9%, between December 2018 and June 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 19.9% inflationary increase is applied to the most recent sale price for 8 DEVONSHIRE WAY of £280,000 on 19th December 2018. For the value to have increased from £280,000 to £335,679 over the seven years and six months to June 2025, the following assumptions must hold true:

• The value of 8 DEVONSHIRE WAY has moved in line with the HPI for terraced houses in the Fareham local authority area.
• The December 2018 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 8 DEVONSHIRE WAY has not materially changed since December 2018.

How Large is 8 DEVONSHIRE WAY?

8 DEVONSHIRE WAY is 102m², which includes one extension, according to the EPC inspection conducted in February 2018. This puts it in the smallest 40% of terraced houses houses in Fareham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Fareham, and where 8 DEVONSHIRE WAY lies on this distribution: 35% of terraced houses houses are smaller than 8 DEVONSHIRE WAY, and 64% of houses are larger. Note that EPC data is not available for all properties in Fareham.

8 DEVONSHIRE WAY: Plot and Title Map

8 DEVONSHIRE WAY sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 8 DEVONSHIRE WAY, 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 DEVONSHIRE WAY). 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 DEVONSHIRE WAY?

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