1A, MEADOWBANK ROAD, FAREHAM, PO15 5LD - £342,000

1A MEADOWBANK ROAD is a small extended detached house of 90m², built sometime between 1930 and 1949. It was last sold for £342,000 in July 2020, which was around 26% below the average July 2020 detached price in the Fareham local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

1A MEADOWBANK ROAD Sold Prices

Land registry data shows three sales for 1A MEADOWBANK ROAD 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 1A MEADOWBANK ROAD 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
2020 28 JUL	£342,000	£465,225	26% below HPI
2000 7 JAN	£117,000	£154,608	24% below HPI
1999 18 JUN	£75,000	£136,063	45% below HPI

1A MEADOWBANK ROAD 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 1A MEADOWBANK ROAD sales between June 1999 and July 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 January 2000 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the July 2020 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 1A MEADOWBANK ROAD?

1A MEADOWBANK ROAD is 90m², which includes two extensions, according to the EPC inspection conducted in January 2020. This puts it in the smallest 30% of detached houses in Fareham, based on EPC data. The below chart shows the distribution of detached houses by size in Fareham, and where 1A MEADOWBANK ROAD lies on this distribution: 24% of detached houses are smaller than 1A MEADOWBANK ROAD, and 75% of houses are larger. Note that EPC data is not available for all properties in Fareham.

1A MEADOWBANK ROAD: Plot and Title Map

1A MEADOWBANK ROAD sits on a plot of roughly 0.113 of an acre, or 457m². The below map shows the location of 1A MEADOWBANK ROAD, 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 1A MEADOWBANK ROAD). 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 1A MEADOWBANK ROAD?

1A MEADOWBANK ROAD is located in FAREHAM, in the PO15 postcode district. The below map shows the position of No. 1A on MEADOWBANK ROAD.