24 Park Lane

    24, PARK LANE, FAREHAM, PO16 7JX

    This semi-detached freehold property on Park Lane last sold in February 2023 for £565,000. Based on price growth in the PO16 district since then, its estimated current value is £583,429 — placing it in the 85th percentile nationally and the 93rd percentile within PO16. The property covers 116 m² (1,249 sq ft), giving an estimated value of £5,030 per m². The EPC rating is D, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,249 sq ft

    116 m²

    Last Sale Price

    £565,000

    Feb 2023

    Estimated Valuation

    £583,429

    Est. £/sq ft

    £467/sq ft

    £5,030/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageC
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,249 sq ft (116 m²)
    EPC dateJul 2018
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Feb 2023

    £565,000

    27 Nov 2018

    £435,000

    Key Metrics

    Estimated valuation£583,429
    Value per sq ft / m²£467/sq ft (£5,030/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO16 district percentile93rd percentile
    National percentile85th percentile

    District Context — PO16

    PO16 covers the Fareham area and surrounding communities on the south coast of Hampshire, situated between Southampton and Portsmouth. It is a well-established residential district with a strong owner-occupier base and appeal to families and those seeking commuter access to major employment centres.

    Average Property Price - PO16

    £342,222

    54

    National percentile

    Average Net Household Income - PO16

    £41,656

    65

    National percentile

    10-Year Annualised Price Growth - PO16

    4.1%

    68

    National percentile

    10-Year Annualised Rent Growth - PO

    4.1%

    58

    National percentile

    View full analysis for PO16

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