2, MILES PLACE, WARSASH, SOUTHAMPTON, SO31 9DY - £575,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 MILES PLACE is a large extended detached house of 143m², built sometime between 2003 and 2006. It was last sold for £575,000 in December 2020, which was around 19% above the average December 2020 detached price in the Fareham local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

2 MILES PLACE Sold Prices

Land registry data shows three sales for 2 MILES PLACE 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. Two of the three 2 MILES PLACE sales were for above the average price, whilst one was 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 10 DEC	£575,000	£481,195	19% above HPI
2019 24 MAY	£410,000	£457,982	10% below HPI
2006 20 FEB	£647,400	£288,592	124% above HPI

2 MILES PLACE 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 2 MILES PLACE sales between February 2006 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 May 2019 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the December 2020 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 2 MILES PLACE?

2 MILES PLACE is 143m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the largest 30% of detached houses in Titchfield Common, based on EPC data. The below chart shows the distribution of detached houses by size in Titchfield Common, and where 2 MILES PLACE lies on this distribution: 70% of detached houses are smaller than 2 MILES PLACE, and 30% of houses are larger. Note that EPC data is not available for all properties in Titchfield Common.

2 MILES PLACE: Plot and Title Map

2 MILES PLACE sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 2 MILES PLACE, 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 MILES PLACE). 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 MILES PLACE?

2 MILES PLACE is located in WARSASH, in the SO31 postcode district. The below map shows the position of No. 2 on MILES PLACE.