17, MERECROFT, FAREHAM, PO15 5ET - £405,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

17 MERECROFT is a very large detached house of 167m², built sometime between 2003 and 2006, which could now be worth an estimated £585,777. It was last sold for £405,000 in August 2015, which was around 6% above the average August 2015 detached price in the Fareham local authority area. The most recent EPC inspection was October 2011, where the current energy rating was C, and the potential energy rating was C.

17 MERECROFT Sold Prices

Land registry data shows three sales for 17 MERECROFT 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 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
2015 4 AUG	£405,000	£381,776	6% above HPI
2006 15 SEP	£375,000	£298,512	26% above HPI
2004 26 MAR	£347,000	£270,550	28% above HPI

17 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 three 17 MERECROFT sales between March 2004 and August 2015 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 September 2006 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the August 2015 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 17 MERECROFT be worth now?

17 MERECROFT might now be worth an estimated £585,777.

This is based on house price inflation of 44.6%, between August 2015 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 44.6% inflationary increase is applied to the most recent sale price for 17 MERECROFT of £405,000 on 4th August 2015. For the value to have increased from £405,000 to £585,777 over the ten years and six months to February 2025, the following assumptions must hold true:

• The value of 17 MERECROFT has moved in line with the HPI for detached houses in the Fareham local authority area.
• The August 2015 sale price of £405,000 represented a fair market value for the property.
• The size, condition, and specification of 17 MERECROFT has not materially changed since August 2015.

How Large is 17 MERECROFT?

17 MERECROFT is 167m² according to the EPC inspection conducted in October 2011. 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 17 MERECROFT lies on this distribution: 89% of detached houses houses are smaller than 17 MERECROFT, and 11% of houses are larger. Note that EPC data is not available for all properties in Titchfield Park.

17 MERECROFT: Plot and Title Map

17 MERECROFT sits on a plot of roughly 0.115 of an acre, or 465m². The below map shows the location of 17 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 17 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 17 MERECROFT?

17 MERECROFT is located in FAREHAM, in the PO15 postcode district. The below map shows the position of No. 17 on MERECROFT.