15, MONKS WAY, FAREHAM, PO14 3LU - £850,000

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

15 MONKS WAY is a midsized detached house of 141m², built sometime between 1950 and 1966. It was last sold for £850,000 in December 2023, which was around 57% above the average December 2023 detached price in the Fareham local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

15 MONKS WAY Sold Prices

Land registry data shows two sales for 15 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 15 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
2023 5 DEC	£850,000	£542,262	57% above HPI
2008 1 AUG	£362,500	£311,055	17% above HPI

15 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 15 MONKS WAY sales from August 2008 and December 2023 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 2008 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the December 2023 sale, where it rises to 57% above the HPI. The line then continues to track at 57% above the HPI.

How Large is 15 MONKS WAY?

15 MONKS WAY is 141m² according to the EPC inspection conducted in June 2023. This puts it in the smallest 50% 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 15 MONKS WAY lies on this distribution: 43% of detached houses are smaller than 15 MONKS WAY, and 57% of houses are larger. Note that EPC data is not available for all properties in Hill Head.

15 MONKS WAY: Plot and Title Map

15 MONKS WAY sits on a plot of roughly 0.197 of an acre, or 797m². The below map shows the location of 15 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 15 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 15 MONKS WAY?

15 MONKS WAY is located in FAREHAM, in the PO14 postcode district. The below map shows the position of No. 15 on MONKS WAY.