18, GRASSYMEAD, FAREHAM, PO14 4SQ - £390,000

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.

18 GRASSYMEAD is a large detached house of 126m², built sometime between 1991 and 1995, which could now be worth an estimated £441,057. It was last sold for £390,000 in May 2021, which was around 20% below the average May 2021 detached price in the Fareham local authority area. The most recent EPC inspection was November 2024, where the current energy rating was D, and the potential energy rating was C.

18 GRASSYMEAD Sold Prices

Land registry data shows three sales for 18 GRASSYMEAD 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 18 GRASSYMEAD 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 28 MAY	£390,000	£488,266	20% below HPI
2002 28 JUN	£166,500	£222,678	25% below HPI
1997 11 JUL	£81,000	£117,504	31% below HPI

18 GRASSYMEAD 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 18 GRASSYMEAD sales between July 1997 and May 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 June 2002 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the May 2021 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 18 GRASSYMEAD be worth now?

18 GRASSYMEAD might now be worth an estimated £441,057.

This is based on house price inflation of 13.1%, between May 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 13.1% inflationary increase is applied to the most recent sale price for 18 GRASSYMEAD of £390,000 on 28th May 2021. For the value to have increased from £390,000 to £441,057 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 18 GRASSYMEAD has moved in line with the HPI for detached houses in the Fareham local authority area.
• The May 2021 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 18 GRASSYMEAD has not materially changed since May 2021.

How Large is 18 GRASSYMEAD?

18 GRASSYMEAD is 126m² according to the EPC inspection conducted in November 2024. This puts it in the largest 40% of detached houses houses in Locks Heath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Locks Heath, and where 18 GRASSYMEAD lies on this distribution: 63% of detached houses houses are smaller than 18 GRASSYMEAD, and 36% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

18 GRASSYMEAD: Plot and Title Map

18 GRASSYMEAD sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 18 GRASSYMEAD, 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 18 GRASSYMEAD). 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 18 GRASSYMEAD?

18 GRASSYMEAD is located in FAREHAM, in the PO14 postcode district. The below map shows the position of No. 18 on GRASSYMEAD.