16, THE MEADOWS, FAREHAM, PO16 8UN - £450,000

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 THE MEADOWS is a midsized detached house of 107m², built sometime between 1983 and 1990. It was last sold for £450,000 in October 2021, which was around 15% below the average October 2021 detached price in the Fareham local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was B.

16 THE MEADOWS Sold Prices

Land registry data shows two sales for 16 THE MEADOWS 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 THE MEADOWS 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
2021 14 OCT	£450,000	£528,718	15% below HPI
1996 22 NOV	£103,000	£107,807	4% below HPI

16 THE MEADOWS 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 THE MEADOWS sales from November 1996 and October 2021 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 November 1996 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the October 2021 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 16 THE MEADOWS?

16 THE MEADOWS is 107m² according to the EPC inspection conducted in April 2021. This puts it in the smallest 50% of detached houses in Fareham, based on EPC data. The below chart shows the distribution of detached houses by size in Fareham, and where 16 THE MEADOWS lies on this distribution: 41% of detached houses are smaller than 16 THE MEADOWS, and 58% of houses are larger. Note that EPC data is not available for all properties in Fareham.

16 THE MEADOWS: Plot and Title Map

16 THE MEADOWS sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 16 THE MEADOWS, 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 THE MEADOWS). 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 THE MEADOWS?

16 THE MEADOWS is located in FAREHAM, in the PO16 postcode district. The below map shows the position of No. 16 on THE MEADOWS.