15, SOUTHMEAD ROAD, FAREHAM, PO15 5JY - £315,000

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

15 SOUTHMEAD ROAD is a very small extended detached house of 85m², built sometime between 1950 and 1966. It was last sold for £315,000 in January 2017, which was around 26% below the average January 2017 detached price in the Fareham local authority area. The most recent EPC inspection was September 2024, where the current energy rating was D, and the potential energy rating was B.

15 SOUTHMEAD ROAD Sold Prices

Land registry data shows four sales for 15 SOUTHMEAD ROAD 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 15 SOUTHMEAD ROAD 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
2017 2 JAN	£315,000	£427,254	26% below HPI
2013 20 SEP	£227,500	£325,378	30% below HPI
2010 21 MAY	£242,000	£307,667	21% below HPI
2005 16 DEC	£180,000	£281,498	36% below HPI

15 SOUTHMEAD ROAD 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 15 SOUTHMEAD ROAD sales between December 2005 and January 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 September 2013 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the January 2017 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 15 SOUTHMEAD ROAD?

15 SOUTHMEAD ROAD is 85m², which includes one extension, according to the EPC inspection conducted in September 2024. This puts it in the smallest 20% of detached houses in Fareham, based on EPC data. The below chart shows the distribution of detached houses by size in Fareham, and where 15 SOUTHMEAD ROAD lies on this distribution: 18% of detached houses are smaller than 15 SOUTHMEAD ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Fareham.

15 SOUTHMEAD ROAD: Plot and Title Map

15 SOUTHMEAD ROAD sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of 15 SOUTHMEAD ROAD, 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 SOUTHMEAD ROAD). 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 SOUTHMEAD ROAD?

15 SOUTHMEAD ROAD is located in FAREHAM, in the PO15 postcode district. The below map shows the position of No. 15 on SOUTHMEAD ROAD.