12, WATERSMEET, FAREHAM, PO16 0TE - £600,000

12 WATERSMEET is a large extended detached house of 160m², built sometime between 1991 and 1995. It was last sold for £600,000 in December 2022, which was around 6% above the average December 2022 detached price in the Fareham local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

12 WATERSMEET Sold Prices

Land registry data shows four sales for 12 WATERSMEET since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. All of the four 12 WATERSMEET 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 2 DEC	£600,000	£566,068	6% above HPI
2008 19 FEB	£405,000	£334,346	21% above HPI
2003 25 JUL	£305,000	£265,449	15% above HPI
1998 27 FEB	£160,000	£124,752	28% above HPI

12 WATERSMEET 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 four 12 WATERSMEET sales between February 1998 and December 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 February 2008 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the December 2022 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 12 WATERSMEET?

12 WATERSMEET is 160m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the largest 30% of detached houses in Fareham, based on EPC data. The below chart shows the distribution of detached houses by size in Fareham, and where 12 WATERSMEET lies on this distribution: 79% of detached houses are smaller than 12 WATERSMEET, and 20% of houses are larger. Note that EPC data is not available for all properties in Fareham.

12 WATERSMEET: Plot and Title Map

12 WATERSMEET sits on a plot of roughly 0.090 of an acre, or 366m². The below map shows the location of 12 WATERSMEET, 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 WATERSMEET). 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 WATERSMEET?

12 WATERSMEET is located in FAREHAM, in the PO16 postcode district. The below map shows the position of No. 12 on WATERSMEET.