17, WATERSMEET, FAREHAM, PO16 0TE - £622,500

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

17 WATERSMEET is a very large extended detached house of 171m², built sometime between 1991 and 1995. It was last sold for £622,500 in December 2020, which was around 29% above the average December 2020 detached price in the Fareham local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was B.

17 WATERSMEET Sold Prices

Land registry data shows two sales for 17 WATERSMEET 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 17 WATERSMEET 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
2020 11 DEC	£622,500	£481,195	29% above HPI
1997 10 NOV	£172,500	£123,623	40% above HPI

17 WATERSMEET 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 17 WATERSMEET sales from November 1997 and December 2020 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 1997 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the December 2020 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 17 WATERSMEET?

17 WATERSMEET is 171m², which includes two extensions, according to the EPC inspection conducted in November 2020. This puts it in the largest 20% of detached houses in Fareham, based on EPC data. The below chart shows the distribution of detached houses by size in Fareham, and where 17 WATERSMEET lies on this distribution: 84% of detached houses are smaller than 17 WATERSMEET, and 16% of houses are larger. Note that EPC data is not available for all properties in Fareham.

17 WATERSMEET: Plot and Title Map

17 WATERSMEET sits on a plot of roughly 0.119 of an acre, or 481m². The below map shows the location of 17 WATERSMEET, 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 WATERSMEET). 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 WATERSMEET?

17 WATERSMEET is located in FAREHAM, in the PO16 postcode district. The below map shows the position of No. 17 on WATERSMEET.