8, THE WATERS, FAREHAM, PO17 5EL - £308,000

8 THE WATERS is a small detached house of 102m², built sometime between 1991 and 1995. It was last sold for £308,000 in September 2019, which was around 32% below the average September 2019 detached price in the Fareham local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was C.

8 THE WATERS Sold Prices

Land registry data shows two sales for 8 THE WATERS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. Both of the two 8 THE WATERS sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 16 SEP	£308,000	£452,917	32% below HPI
1998 11 AUG	£102,000	£130,132	22% below HPI

8 THE WATERS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Fareham local authority area over time, sourced from the HPI. The two 8 THE WATERS sales from August 1998 and September 2019 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 1998 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the September 2019 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 8 THE WATERS?

8 THE WATERS is 102m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 20% of detached houses in Funtley, based on EPC data. The below chart shows the distribution of detached houses by size in Funtley, and where 8 THE WATERS lies on this distribution: 20% of detached houses are smaller than 8 THE WATERS, and 80% of houses are larger. Note that EPC data is not available for all properties in Funtley.

8 THE WATERS: Plot and Title Map

8 THE WATERS sits on a plot of roughly 0.048 of an acre, or 195m². The below map shows the location of 8 THE WATERS, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 8 THE WATERS). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 8 THE WATERS?

8 THE WATERS is located in FAREHAM, in the PO17 postcode district. The below map shows the position of No. 8 on THE WATERS.