40 Park Lane

    40, PARK LANE, FAREHAM, PO16 7LB

    This detached freehold property on Park Lane last sold in March 2021 for £625,000. Based on price growth in the PO16 district since then, its estimated current value is £666,178 — placing it in the 89th percentile nationally and the 97th percentile within PO16. The property covers 172 m² (1,851 sq ft), giving an estimated value of £3,873 per m². The EPC rating is E, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,851 sq ft

    172 m²

    Last Sale Price

    £625,000

    Mar 2021

    Estimated Valuation

    £666,178

    Est. £/sq ft

    £360/sq ft

    £3,873/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area1,851 sq ft (172 m²)
    EPC dateApr 2020
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    4 Mar 2021

    £625,000

    Key Metrics

    Estimated valuation£666,178
    Value per sq ft / m²£360/sq ft (£3,873/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO16 district percentile97th percentile
    National percentile89th 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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