16, MAYRIDGE, FAREHAM, PO14 4QP - £314,000

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

16 MAYRIDGE is a very small detached house of 73m², built sometime between 1976 and 1982. It was last sold for £314,000 in December 2020, which was around 35% below the average December 2020 detached price in the Fareham local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was C.

16 MAYRIDGE Sold Prices

Land registry data shows four sales for 16 MAYRIDGE 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 16 MAYRIDGE 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
2020 17 DEC	£314,000	£481,195	35% below HPI
2002 25 JAN	£144,000	£210,905	32% below HPI
2001 11 MAY	£125,000	£180,867	31% below HPI
1999 8 OCT	£100,000	£142,829	30% below HPI

16 MAYRIDGE 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 16 MAYRIDGE sales between October 1999 and December 2020 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 2002 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the December 2020 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 16 MAYRIDGE?

16 MAYRIDGE is 73m² according to the EPC inspection conducted in August 2010. This puts it in the smallest 10% 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 16 MAYRIDGE lies on this distribution: 5% of detached houses are smaller than 16 MAYRIDGE, and 95% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

16 MAYRIDGE: Plot and Title Map

16 MAYRIDGE sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 16 MAYRIDGE, 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 16 MAYRIDGE). 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 16 MAYRIDGE?

16 MAYRIDGE is located in FAREHAM, in the PO14 postcode district. The below map shows the position of No. 16 on MAYRIDGE.