16, MERECROFT, FAREHAM, PO15 5ET - £500,000

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.

16 MERECROFT is a very large extended detached house of 161m², built sometime between 2003 and 2006, which could now be worth an estimated £633,527. It was last sold for £500,000 in April 2017, which was around 15% above the average April 2017 detached price in the Fareham local authority area. The most recent EPC inspection was September 2016, where the current energy rating was C, and the potential energy rating was B.

16 MERECROFT Sold Prices

Land registry data shows two sales for 16 MERECROFT 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 16 MERECROFT 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
2017 28 APR	£500,000	£433,846	15% above HPI
2004 30 JAN	£352,500	£267,207	32% above HPI

16 MERECROFT 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 16 MERECROFT sales from January 2004 and April 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 January 2004 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the April 2017 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 16 MERECROFT be worth now?

16 MERECROFT might now be worth an estimated £633,527.

This is based on house price inflation of 26.7%, between April 2017 and March 2025, for 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 26.7% inflationary increase is applied to the most recent sale price for 16 MERECROFT of £500,000 on 28th April 2017. For the value to have increased from £500,000 to £633,527 over the eight years and one month to March 2025, the following assumptions must hold true:

• The value of 16 MERECROFT has moved in line with the HPI for detached houses in the Fareham local authority area.
• The April 2017 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 16 MERECROFT has not materially changed since April 2017.

How Large is 16 MERECROFT?

16 MERECROFT is 161m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the largest 20% of detached houses houses in Titchfield Park, based on EPC data. The below chart shows the distribution of detached houses houses by size in Titchfield Park, and where 16 MERECROFT lies on this distribution: 87% of detached houses houses are smaller than 16 MERECROFT, and 13% of houses are larger. Note that EPC data is not available for all properties in Titchfield Park.

16 MERECROFT: Plot and Title Map

16 MERECROFT sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 16 MERECROFT, 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 MERECROFT). 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 MERECROFT?

16 MERECROFT is located in FAREHAM, in the PO15 postcode district. The below map shows the position of No. 16 on MERECROFT.