15, THE WATERS, FAREHAM, PO17 5EL - £335,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

15 THE WATERS is a very large extended semi-detached house of 130m², built sometime between 1983 and 1990, which could now be worth an estimated £423,601. It was last sold for £335,000 in May 2018, which was around 23% above the average May 2018 semi-detached price in the Fareham local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

15 THE WATERS Sold Prices

Land registry data shows two sales for 15 THE WATERS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Fareham local authority area for the corresponding sale date. Both of the two 15 THE WATERS 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
2018 9 MAY	£335,000	£271,607	23% above HPI
1998 30 JAN	£91,500	£72,360	26% above HPI

15 THE WATERS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Fareham local authority area over time, sourced from the HPI. The two 15 THE WATERS sales from January 1998 and May 2018 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 January 1998 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the May 2018 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 15 THE WATERS be worth now?

15 THE WATERS might now be worth an estimated £423,601.

This is based on house price inflation of 26.4%, between May 2018 and February 2025, for semi-detached houses, in the Fareham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 26.4% inflationary increase is applied to the most recent sale price for 15 THE WATERS of £335,000 on 9th May 2018. For the value to have increased from £335,000 to £423,601 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of 15 THE WATERS has moved in line with the HPI for semi-detached houses in the Fareham local authority area.
• The May 2018 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 15 THE WATERS has not materially changed since May 2018.

How Large is 15 THE WATERS?

15 THE WATERS is 130m², which includes three extensions, according to the EPC inspection conducted in August 2014. This puts it in the largest 20% of semi-detached houses houses in Funtley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Funtley, and where 15 THE WATERS lies on this distribution: 81% of semi-detached houses houses are smaller than 15 THE WATERS, and 18% of houses are larger. Note that EPC data is not available for all properties in Funtley.

15 THE WATERS: Plot and Title Map

15 THE WATERS sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 15 THE WATERS, 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 THE WATERS). 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 THE WATERS?

15 THE WATERS is located in FAREHAM, in the PO17 postcode district. The below map shows the position of No. 15 on THE WATERS.