17, CORVETTE AVENUE, WARSASH, SOUTHAMPTON, SO31 9AN - £435,000

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.

17 CORVETTE AVENUE is a small extended detached house of 108m², built sometime between 1991 and 1995, which could now be worth an estimated £498,383. It was last sold for £435,000 in February 2021, which was around 10% below the average February 2021 detached price in the Fareham local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was B.

17 CORVETTE AVENUE Sold Prices

Land registry data shows three sales for 17 CORVETTE AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. All of the three 17 CORVETTE AVENUE 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 3 FEB	£435,000	£481,961	10% below HPI
2011 8 APR	£262,500	£316,574	17% below HPI
2001 30 NOV	£194,500	£207,973	6% below HPI

17 CORVETTE AVENUE 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 three 17 CORVETTE AVENUE sales between November 2001 and February 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 April 2011 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the February 2021 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 17 CORVETTE AVENUE be worth now?

17 CORVETTE AVENUE might now be worth an estimated £498,383.

This is based on house price inflation of 14.6%, between February 2021 and February 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 14.6% inflationary increase is applied to the most recent sale price for 17 CORVETTE AVENUE of £435,000 on 3rd February 2021. For the value to have increased from £435,000 to £498,383 over the four years to February 2025, the following assumptions must hold true:

• The value of 17 CORVETTE AVENUE has moved in line with the HPI for detached houses in the Fareham local authority area.
• The February 2021 sale price of £435,000 represented a fair market value for the property.
• The size, condition, and specification of 17 CORVETTE AVENUE has not materially changed since February 2021.

How Large is 17 CORVETTE AVENUE?

17 CORVETTE AVENUE is 108m², which includes one extension, according to the EPC inspection conducted in October 2020. This puts it in the smallest 40% of detached houses houses in Warsash, based on EPC data. The below chart shows the distribution of detached houses houses by size in Warsash, and where 17 CORVETTE AVENUE lies on this distribution: 38% of detached houses houses are smaller than 17 CORVETTE AVENUE, and 61% of houses are larger. Note that EPC data is not available for all properties in Warsash.

17 CORVETTE AVENUE: Plot and Title Map

17 CORVETTE AVENUE sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 17 CORVETTE AVENUE, 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 17 CORVETTE AVENUE). 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 17 CORVETTE AVENUE?

17 CORVETTE AVENUE is located in WARSASH, in the SO31 postcode district. The below map shows the position of No. 17 on CORVETTE AVENUE.