1, WHEATLANDS, FAREHAM, PO14 4SL - £175,500

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 WHEATLANDS is a midsized extended detached house of 114m², built sometime between 1983 and 1990. It was last sold for £175,500 in May 2002, which was around 19% below the average May 2002 detached price in the Fareham local authority area. The most recent EPC inspection was October 2013, where the current energy rating was C, and the potential energy rating was B.

1 WHEATLANDS Sold Prices

Land registry data shows three sales for 1 WHEATLANDS 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 WHEATLANDS 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
2002 2 MAY	£175,500	£217,404	19% below HPI
1997 11 JUL	£103,750	£116,420	11% below HPI
1995 30 JAN	£83,500	£101,884	18% below HPI

1 WHEATLANDS 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 WHEATLANDS sales between January 1995 and May 2002 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 July 1997 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the May 2002 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 1 WHEATLANDS?

1 WHEATLANDS is 114m², which includes two extensions, according to the EPC inspection conducted in October 2013. This puts it in the smallest 50% of detached houses in Locks Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Locks Heath, and where 1 WHEATLANDS lies on this distribution: 47% of detached houses are smaller than 1 WHEATLANDS, and 52% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

1 WHEATLANDS: Plot and Title Map

1 WHEATLANDS sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 1 WHEATLANDS, 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 WHEATLANDS). 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 WHEATLANDS?

1 WHEATLANDS is located in FAREHAM, in the PO14 postcode district. The below map shows the position of No. 1 on WHEATLANDS.