2, FARMHOUSE WAY, WATERLOOVILLE, PO8 9LF - £395,000

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

2 FARMHOUSE WAY is a very small extended detached house of 83m², built sometime between 1983 and 1990. It was last sold for £395,000 in May 2022, which was around 39% below the average May 2022 detached price in the East Hampshire local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

2 FARMHOUSE WAY Sold Prices

Land registry data shows three sales for 2 FARMHOUSE 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 East Hampshire local authority area for the corresponding sale date. All of the three 2 FARMHOUSE WAY 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
2022 16 MAY	£395,000	£644,066	39% below HPI
2018 10 JAN	£322,500	£559,961	42% below HPI
1999 25 OCT	£124,500	£189,508	34% below HPI

2 FARMHOUSE WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Hampshire local authority area over time, sourced from the HPI. The three 2 FARMHOUSE WAY sales between October 1999 and May 2022 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 2018 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the May 2022 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 2 FARMHOUSE WAY?

2 FARMHOUSE WAY is 83m², which includes one extension, according to the EPC inspection conducted in February 2017. This puts it in the smallest 20% of detached houses in Horndean, based on EPC data. The below chart shows the distribution of detached houses by size in Horndean, and where 2 FARMHOUSE WAY lies on this distribution: 19% of detached houses are smaller than 2 FARMHOUSE WAY, and 80% of houses are larger. Note that EPC data is not available for all properties in Horndean.

2 FARMHOUSE WAY: Plot and Title Map

2 FARMHOUSE WAY sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 2 FARMHOUSE 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 2 FARMHOUSE 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 2 FARMHOUSE WAY?

2 FARMHOUSE WAY is located in WATERLOOVILLE, in the PO8 postcode district. The below map shows the position of No. 2 on FARMHOUSE WAY.