2, WAYFARER CLOSE, WARSASH, SOUTHAMPTON, SO31 9AU - £295,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 WAYFARER CLOSE is a midsized extended detached house of 119m², built sometime between 1983 and 1990. It was last sold for £295,000 in August 2013, which was around 9% below the average August 2013 detached price in the Fareham local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.

2 WAYFARER CLOSE Sold Prices

Land registry data shows four sales for 2 WAYFARER CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. All of the four 2 WAYFARER CLOSE 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
2013 21 AUG	£295,000	£323,936	9% below HPI
2003 21 MAR	£212,000	£262,822	19% below HPI
1997 7 FEB	£89,000	£112,993	21% below HPI
1995 2 OCT	£87,500	£102,613	15% below HPI

2 WAYFARER CLOSE 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 four 2 WAYFARER CLOSE sales between October 1995 and August 2013 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 March 2003 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2013 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 2 WAYFARER CLOSE be worth now?

2 WAYFARER CLOSE might now be worth an estimated £498,604.

This is based on house price inflation of 69%, between August 2013 and December 2024, 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 69% inflationary increase is applied to the most recent sale price for 2 WAYFARER CLOSE of £295,000 on 21st August 2013. For the value to have increased from £295,000 to £498,604 over the ten years and eight months to December 2024, the following assumptions must hold true:

• The value of 2 WAYFARER CLOSE has moved in line with the HPI for detached houses in the Fareham local authority area.
• The August 2013 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WAYFARER CLOSE has not materially changed since August 2013.

How Large is 2 WAYFARER CLOSE?

2 WAYFARER CLOSE is 119m², which includes one extension, according to the EPC inspection conducted in May 2011. This puts it in the smallest 50% of detached houses houses in Warsash, based on EPC data. The below chart shows the distribution of detached houses houses by size in Warsash, and where 2 WAYFARER CLOSE lies on this distribution: 49% of detached houses houses are smaller than 2 WAYFARER CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Warsash.

2 WAYFARER CLOSE: Plot and Title Map

2 WAYFARER CLOSE sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 2 WAYFARER CLOSE, 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 WAYFARER CLOSE). 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 WAYFARER CLOSE?

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