Flat 14, Alders House, 54 Redlands Lane, Fareham, PO14 1HA is a leasehold flat built between 1967-1975. The property offers approximately 592 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £106,468 , which equates to approximately £180 per square foot. It was last sold on 1 Jun 2022 for £112,000. Since then, the value has decreased by £5,532, representing a 4.9% decrease, or approximately 1.4% per year.

The current estimated value of £106,468 is:

  • 58.4% lower than the average property price on Redlands Lane
  • 29.1% lower than the average in the PO14 1HA postcode area
  • and 72.0% lower than the average price for Fareham as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 20 April 2022, the property was recorded as owner-occupied.

View sold house prices in PO14 1HA

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
592 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£106,468
Price Per sq ft (estimate)
£180
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 14, Alders House, 54 Redlands Lane, Fareham, Hampshire, PO14 1HA has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 20 Apr 2022.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 2 Sep 2011. The rating of D is unchanged, though the energy efficiency score decreased by 1.8%.

Since the previous assessment, several changes were observed:

  • The heating system changed from no system present: electric heaters assumed to room heaters, electric, with no change in energy efficiency (very poor).
  • The wall energy efficiency changing from good to average, with the construction or insulation remaining cavity wall, filled cavity.
  • The lighting was updated from low energy lighting in 60% of fixed outlets to no low energy lighting, with efficiency changing from good to very poor.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
Cavity wall, filled cavity
Average
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to PO14 1HA

13 th / 15
Price Rank
29% lower than average
7 th / 13
Size Rank
3% smaller than average
12 th / 13
Price Per Sq FT Rank
27% lower than average

Compared to other properties in PO14 1HA , this flat's estimated value ranks 13th out of 15. Based on price per square foot, it ranks 12th out of 13 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 7th out of 13 properties in its postcode area.

Sale History

Today
£106,468
streetscan.co.uk estimate
-5 %
1 Jun 2022
£112,000
Leasehold
+224.6 %
19 Sep 1997
£34,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 592 sq ft
sale price: £198,000
sale date: 24 May 2023
rooms: 2
size: 592 sq ft
sale price: £133,500
sale date: 1 Jun 2018
rooms: 2
size: 592 sq ft
sale price: £125,000
sale date: 1 Mar 2018
rooms: 2
size: 560 sq ft
sale price: £104,000
sale date: 16 Sep 2016
rooms: 2
size: 592 sq ft
sale price: £125,000
sale date: 2 Nov 2015

Data Sources

The property at Flat 14, Alders House, 54 Redlands Lane, Fareham, PO14 1HA appears two times in the Land Registry records, with the latest transaction recorded on 1 Jun 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 20 Apr 2022. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.