1, Hope Lodge Close
1, Hope Lodge Close
Description & Estimates
Public records show 1, Hope Lodge Close, Fareham to be a modern freehold house with 1,679 ft2 of internal area, sitting on a 523 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
1, Hope Lodge Close, Fareham has an estimated sale value of £563,965 and an estimated rental value of £1,949 per month, assuming reasonable condition and based on the information available.
Hope Lodge Close, Fareham, PO15 lies in the borough of Fareham, within the PO15 postal district.
Our Data Sources
1, Hope Lodge Close, Fareham has a single entry in the Land Registry from September 2019 and a single entry in the EPC database dated December 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 1, Hope Lodge Close, Fareham would be worth £592,163, with a potential rental value of £2,046 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £524,488, with a rental value of £1,813 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 1, Hope Lodge Close, Fareham has decreased by £5,989 (1.1%) over the last year. During the same period, its estimated monthly rental value has grown by £79 (4.0%). The property's estimated gross yield is currently 4.1%.
Plot Size
1, Hope Lodge Close, Fareham occupies a 523 m2 plot as recorded by HM Land Registry.
All 7 other houses in this postcode have recorded plot sizes, and this one ranks as the 2nd largest.
Energy Efficiency
1, Hope Lodge Close, Fareham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 Dec 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, mains gas.
Sold Prices
1, Hope Lodge Close, Fareham last changed hands on 23rd September 2019, selling for £550,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 32.7% since September 2019.
- Sold Sep 2019£550,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 850 metres of 1, Hope Lodge Close, Fareham across the last 2 years.
Most recently, 5, Hope Lodge Close, Fareham, PO15 6FH, a freehold house, sold at £585,000 on the 13th August 2024.
Read more about house prices in PO15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 1, Hope Lodge Close, Fareham as the 2nd largest and the 2nd most expensive of the 7 addresses on Hope Lodge Close, Fareham, PO15.
Against the PO15 postcode district average, it is £202k more expensive than the typical property.
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Schools Nearby
- 500mSt Columba CE Primary School
- 900mOrchard Lea Infant School
- 900mOrchard Lea Junior School
- 500mThe Henry Cort Community College
- 2.6kmFareham Academy
- 4.4kmCams Hill School
More reading links
Public Transport Nearby
Fareham station is the nearest stop to 1, Hope Lodge Close, Fareham at 2.3 kilometres away.
- 2.3kmFareham
- 3.6kmSwanwick
- 6.4kmBotley
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
