1, SHEARWATER AVENUE, FAREHAM, PO16 8YE - £595,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 SHEARWATER AVENUE is a large extended detached house of 137m², built sometime between 1996 and 2002. It was last sold for £595,000 in November 2022, which was around 5% above the average November 2022 detached price in the Fareham local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

1 SHEARWATER AVENUE Sold Prices

Land registry data shows three sales for 1 SHEARWATER AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. All of the three 1 SHEARWATER AVENUE sales were for above 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
2022 24 NOV	£595,000	£567,450	5% above HPI
2006 31 JAN	£310,000	£285,803	8% above HPI
2000 26 MAY	£187,500	£161,232	16% above HPI

1 SHEARWATER AVENUE 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 three 1 SHEARWATER AVENUE sales between May 2000 and November 2022 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 January 2006 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the November 2022 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 1 SHEARWATER AVENUE?

1 SHEARWATER AVENUE is 137m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the largest 40% of detached houses in Fareham, based on EPC data. The below chart shows the distribution of detached houses by size in Fareham, and where 1 SHEARWATER AVENUE lies on this distribution: 67% of detached houses are smaller than 1 SHEARWATER AVENUE, and 33% of houses are larger. Note that EPC data is not available for all properties in Fareham.

1 SHEARWATER AVENUE: Plot and Title Map

1 SHEARWATER AVENUE sits on a plot of roughly 0.098 of an acre, or 395m². The below map shows the location of 1 SHEARWATER AVENUE, 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 1 SHEARWATER AVENUE). 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 1 SHEARWATER AVENUE?

1 SHEARWATER AVENUE is located in FAREHAM, in the PO16 postcode district. The below map shows the position of No. 1 on SHEARWATER AVENUE.