2, MERRYFIELD, FAREHAM, PO14 4SF - £338,000

2 MERRYFIELD is a large extended detached house of 124m², built sometime between 1983 and 1990. It was last sold for £338,000 in July 2017, which was around 23% below the average July 2017 detached price in the Fareham local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

2 MERRYFIELD Sold Prices

Land registry data shows two sales for 2 MERRYFIELD 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 2 MERRYFIELD 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
2017 7 JUL	£338,000	£439,212	23% below HPI
1997 24 OCT	£92,500	£124,401	26% below HPI

2 MERRYFIELD 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 2 MERRYFIELD sales from October 1997 and July 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 October 1997 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the July 2017 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 2 MERRYFIELD?

2 MERRYFIELD is 124m², which includes four extensions, according to the EPC inspection conducted in September 2016. This puts it in the largest 40% of detached houses in Locks Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Locks Heath, and where 2 MERRYFIELD lies on this distribution: 61% of detached houses are smaller than 2 MERRYFIELD, and 38% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

2 MERRYFIELD: Plot and Title Map

2 MERRYFIELD sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 2 MERRYFIELD, 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 MERRYFIELD). 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 MERRYFIELD?

2 MERRYFIELD is located in FAREHAM, in the PO14 postcode district. The below map shows the position of No. 2 on MERRYFIELD.