Flat 2, 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. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £117,875 , which equates to approximately £199 per square foot. It was last sold on 17 Feb 2012 for £78,000. Since then, the value has increased by £39,875, representing a 51.1% increase, or approximately 3.7% per year.

The current estimated value of £117,875 is:

  • 53.9% lower than the average property price on Redlands Lane
  • 21.5% lower than the average in the PO14 1HA postcode area
  • and 69.0% 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 12 February 2014, 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
Price (estimate)
£117,875
Price Per sq ft (estimate)
£199
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 2, 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 12 Feb 2014.

This property uses electric room heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 6 Sep 2010, when the property was rated F. Since then, the rating has improved to D, with the energy efficiency score increasing by 100%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from very poor to poor, while the heating system type remained the same (room heaters, electric).
  • The hot water energy efficiency improving from very poor to poor, while the system remained as electric immersion, off-peak.
  • The wall construction or insulation changed from system built, as built, no insulation (assumed) to cavity wall, filled cavity, improving energy efficiency from very poor to good.
  • The lighting was changed from low energy lighting in 60% of fixed outlets to low energy lighting in 67% of fixed outlets, with no change in efficiency (good).
Heating Type
Room heaters, electric
Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
Cavity wall, filled cavity
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 67% of fixed outlets
Good

Compared to PO14 1HA

10 th / 15
Price Rank
22% lower than average
11 th / 13
Size Rank
3% smaller than average
10 th / 13
Price Per Sq FT Rank
19% lower than average

Compared to other properties in PO14 1HA , this flat's estimated value ranks 10th out of 15. Based on price per square foot, it ranks 10th 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 11th out of 13 properties in its postcode area.

Sale History

Today
£117,875
streetscan.co.uk estimate
+51 %
17 Feb 2012
£78,000
Leasehold
-17.9 %
21 Apr 2006
£95,000
Leasehold
+113.5 %
17 Dec 1999
£44,500
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: £112,000
sale date: 1 Jun 2022
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

Data Sources

The property at Flat 2, Alders House, 54 Redlands Lane, Fareham, PO14 1HA appears three times in the Land Registry records, with the latest transaction recorded on 17 Feb 2012. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 12 Feb 2014. 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.