29, THE RIDGEWAY, FAREHAM, PO16 8RE - £525,000

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.

29 THE RIDGEWAY is a detached house, which could now be worth an estimated £977,921. It was last sold for £525,000 in August 2006, which was around 75% above the average August 2006 detached price in the Fareham local authority area.

29 THE RIDGEWAY Sold Prices

Land registry data shows three sales for 29 THE RIDGEWAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. All of the three 29 THE RIDGEWAY 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
2006 1 AUG	£525,000	£299,463	75% above HPI
2003 4 APR	£465,000	£267,627	74% above HPI
1996 29 NOV	£135,000	£108,811	24% above HPI

What might 29 THE RIDGEWAY be worth now?

29 THE RIDGEWAY might now be worth an estimated £977,921.

This is based on house price inflation of 86.3%, between August 2006 and March 2026, 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 86.3% inflationary increase is applied to the most recent sale price for 29 THE RIDGEWAY of £525,000 on 1st August 2006. For the value to have increased from £525,000 to £977,921 over the twenty years and five months to March 2026, the following assumptions must hold true:

• The value of 29 THE RIDGEWAY has moved in line with the HPI for detached houses in the Fareham local authority area.
• The August 2006 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of 29 THE RIDGEWAY has not materially changed since August 2006.

Where is 29 THE RIDGEWAY?

29 THE RIDGEWAY is located in FAREHAM, in the PO16 postcode district.