Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
16 WESTGATE is a large extended detached house of 125m², built sometime between 1976 and 1982. It was last sold for £530,000 in January 2024, which was around 2% below the average January 2024 detached price in the Fareham local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 16 WESTGATE since 1st 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 WESTGATE 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 |
---|---|---|---|
2024 10 JAN | £530,000 | £540,636 | 2% below HPI |
2001 31 JUL | £163,000 | £192,263 | 15% below HPI |
The below graph shows the average detached house price in the Fareham local authority area over time, sourced from the HPI. The two 16 WESTGATE sales from July 2001 and January 2024 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 July 2001 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the January 2024 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.
16 WESTGATE is 125m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the largest 40% of detached houses in Stubbington, based on EPC data. The below chart shows the distribution of detached houses by size in Stubbington, and where 16 WESTGATE lies on this distribution: 63% of detached houses are smaller than 16 WESTGATE, and 36% of houses are larger. Note that EPC data is not available for all properties in Stubbington.
16 WESTGATE sits on a plot of roughly 0.084 of an acre, or 338m². The below map shows the location of 16 WESTGATE, 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 WESTGATE). 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.
16 WESTGATE is located in FAREHAM, in the PO14 postcode district. The below map shows the position of No. 16 on WESTGATE.