15 Park Lane

    15, PARK LANE, FAREHAM, PO16 7LF

    This detached freehold property on Park Lane last sold in February 2019 for £287,500. Based on price growth in the PO16 district since then, its estimated current value is £353,444 — placing it in the 60th percentile nationally and the 55th percentile within PO16. The property covers 144 m² (1,550 sq ft), giving an estimated value of £2,454 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,550 sq ft

    144 m²

    Last Sale Price

    £287,500

    Feb 2019

    Estimated Valuation

    £353,444

    Est. £/sq ft

    £228/sq ft

    £2,454/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,550 sq ft (144 m²)
    EPC dateJun 2018
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Feb 2019

    £287,500

    Key Metrics

    Estimated valuation£353,444
    Value per sq ft / m²£228/sq ft (£2,454/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO16 district percentile55th percentile
    National percentile60th 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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