12, STEEPLE WAY, FAREHAM, PO14 4QJ - £285,000

12 STEEPLE WAY is a small extended detached house of 98m², built sometime between 1983 and 1990. It was last sold for £285,000 in February 2015, which was around 24% below the average February 2015 detached price in the Fareham local authority area. The most recent EPC inspection was May 2010, where the current energy rating was C, and the potential energy rating was C.

12 STEEPLE WAY Sold Prices

Land registry data shows three sales for 12 STEEPLE WAY 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 12 STEEPLE WAY 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
2015 10 FEB	£285,000	£374,498	24% below HPI
2010 10 SEP	£243,000	£325,436	25% below HPI
1995 7 APR	£81,000	£100,230	19% below HPI

12 STEEPLE 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 three 12 STEEPLE WAY sales between April 1995 and February 2015 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 September 2010 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the February 2015 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 12 STEEPLE WAY?

12 STEEPLE WAY is 98m², which includes one extension, according to the EPC inspection conducted in May 2010. This puts it in the smallest 40% 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 12 STEEPLE WAY lies on this distribution: 32% of detached houses are smaller than 12 STEEPLE WAY, and 68% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

12 STEEPLE WAY: Plot and Title Map

12 STEEPLE WAY sits on a plot of roughly 0.049 of an acre, or 200m². The below map shows the location of 12 STEEPLE 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 12 STEEPLE 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 12 STEEPLE WAY?

12 STEEPLE WAY is located in FAREHAM, in the PO14 postcode district. The below map shows the position of No. 12 on STEEPLE WAY.