11, MONKS WAY, FAREHAM, PO14 3LU - £730,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

11 MONKS WAY is a very small detached house of 94m², built sometime between 1950 and 1966. It was last sold for £730,000 in May 2017, which was around 67% above the average May 2017 detached price in the Fareham local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was D.

11 MONKS WAY Sold Prices

Land registry data shows two sales for 11 MONKS WAY 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 11 MONKS WAY 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
2017 24 MAY	£730,000	£436,619	67% above HPI
2010 6 AUG	£405,000	£318,974	27% above HPI

11 MONKS WAY 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 11 MONKS WAY sales from August 2010 and May 2017 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 2010 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the May 2017 sale, where it rises to 67% above the HPI. The line then continues to track at 67% above the HPI.

How Large is 11 MONKS WAY?

11 MONKS WAY is 94m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 10% of detached houses in Hill Head, based on EPC data. The below chart shows the distribution of detached houses by size in Hill Head, and where 11 MONKS WAY lies on this distribution: 6% of detached houses are smaller than 11 MONKS WAY, and 94% of houses are larger. Note that EPC data is not available for all properties in Hill Head.

11 MONKS WAY: Plot and Title Map

11 MONKS WAY sits on a plot of roughly 0.185 of an acre, or 750m². The below map shows the location of 11 MONKS WAY, 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 11 MONKS WAY). 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 11 MONKS WAY?

11 MONKS WAY is located in FAREHAM, in the PO14 postcode district. The below map shows the position of No. 11 on MONKS WAY.