2, ORME COURT, FAREHAM, PO16 7DL - £164,500

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.

2 ORME COURT is a midsized flat of 52m², built sometime between 2007 and 2011, which could now be worth an estimated £173,849. It was last sold for £164,500 in April 2019, which was around 11% above the average April 2019 flat price in the Fareham local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was B.

2 ORME COURT Sold Prices

Land registry data shows two sales for 2 ORME COURT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Fareham local authority area for the corresponding sale date. Both of the two 2 ORME COURT 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
2019 16 APR	£164,500	£148,152	11% above HPI
2009 30 NOV	£149,950	£107,815	39% above HPI

What might 2 ORME COURT be worth now?

2 ORME COURT might now be worth an estimated £173,849.

This is based on house price inflation of 5.7%, between April 2019 and May 2026, for flats, in the Fareham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.7% inflationary increase is applied to the most recent sale price for 2 ORME COURT of £164,500 on 16th April 2019. For the value to have increased from £164,500 to £173,849 over the six years and eleven months to May 2026, the following assumptions must hold true:

• The value of 2 ORME COURT has moved in line with the HPI for flats in the Fareham local authority area.
• The April 2019 sale price of £164,500 represented a fair market value for the property.
• The size, condition, and specification of 2 ORME COURT has not materially changed since April 2019.

How Large is 2 ORME COURT?

2 ORME COURT is 52m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 50% of flats in Fareham, based on EPC data. 40% of flats are smaller than 2 ORME COURT, and 57% of flats are larger. Note that EPC data is not available for all properties in Fareham.

2 ORME COURT: Plot

2 ORME COURT sits on a plot of roughly 0.186 of an acre, or 751m².

Where is 2 ORME COURT?

2 ORME COURT is located in FAREHAM, in the PO16 postcode district.