17, MONKS WAY, FAREHAM, PO14 3LU - £825,000

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

17 MONKS WAY is a large extended detached house of 171m², built sometime between 1950 and 1966. It was last sold for £825,000 in September 2017, which was around 87% above the average September 2017 detached price in the Fareham local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was B.

17 MONKS WAY Sold Prices

Land registry data shows three sales for 17 MONKS WAY 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 MONKS WAY 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 18 SEP	£825,000	£442,349	87% above HPI
2006 10 NOV	£415,000	£301,862	37% above HPI
2002 15 NOV	£435,000	£255,471	70% above HPI

17 MONKS WAY 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 MONKS WAY sales between November 2002 and September 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 November 2006 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the September 2017 sale, where it rises to 87% above the HPI. The line then continues to track at 87% above the HPI.

How Large is 17 MONKS WAY?

17 MONKS WAY is 171m², which includes three extensions, according to the EPC inspection conducted in May 2017. This puts it in the largest 40% of detached houses in Hill Head, based on EPC data. The below chart shows the distribution of detached houses by size in Hill Head, and where 17 MONKS WAY lies on this distribution: 60% of detached houses are smaller than 17 MONKS WAY, and 40% of houses are larger. Note that EPC data is not available for all properties in Hill Head.

17 MONKS WAY: Plot and Title Map

17 MONKS WAY sits on a plot of roughly 0.185 of an acre, or 748m². The below map shows the location of 17 MONKS WAY, 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 MONKS WAY). 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 MONKS WAY?

17 MONKS WAY is located in FAREHAM, in the PO14 postcode district. The below map shows the position of No. 17 on MONKS WAY.