2, THE MEADOWS, FAREHAM, PO16 8UN - £508,000

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.

2 THE MEADOWS is a midsized extended detached house of 110m², built sometime between 1991 and 1995, which could now be worth an estimated £514,918. It was last sold for £508,000 in February 2024, which was around 7% below the average February 2024 detached price in the Fareham local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was C.

2 THE MEADOWS Sold Prices

Land registry data shows seven sales for 2 THE MEADOWS since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. Most of the seven 2 THE MEADOWS 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
2024 20 FEB	£508,000	£544,768	7% below HPI
2021 19 NOV	£475,000	£536,559	11% below HPI
2016 11 NOV	£248,000	£426,422	42% below HPI
2011 25 FEB	£290,000	£313,699	8% below HPI
2009 16 DEC	£285,000	£306,314	7% below HPI
2006 3 NOV	£292,500	£304,672	4% below HPI
1997 5 DEC	£129,995	£123,876	5% above HPI

2 THE MEADOWS 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 seven 2 THE MEADOWS sales between December 1997 and February 2024 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 November 2021 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the February 2024 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 2 THE MEADOWS be worth now?

2 THE MEADOWS might now be worth an estimated £514,918.

This is based on house price inflation of 1.4%, between February 2024 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 1.4% inflationary increase is applied to the most recent sale price for 2 THE MEADOWS of £508,000 on 20th February 2024. For the value to have increased from £508,000 to £514,918 over the one year to February 2025, the following assumptions must hold true:

• The value of 2 THE MEADOWS has moved in line with the HPI for detached houses in the Fareham local authority area.
• The February 2024 sale price of £508,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE MEADOWS has not materially changed since February 2024.

How Large is 2 THE MEADOWS?

2 THE MEADOWS is 110m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the smallest 50% of detached houses houses in Fareham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fareham, and where 2 THE MEADOWS lies on this distribution: 43% of detached houses houses are smaller than 2 THE MEADOWS, and 56% of houses are larger. Note that EPC data is not available for all properties in Fareham.

2 THE MEADOWS: Plot and Title Map

2 THE MEADOWS sits on a plot of roughly 0.088 of an acre, or 358m². The below map shows the location of 2 THE MEADOWS, 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 THE MEADOWS). 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 THE MEADOWS?

2 THE MEADOWS is located in FAREHAM, in the PO16 postcode district. The below map shows the position of No. 2 on THE MEADOWS.