21, MELVILLE GARDENS, SARISBURY GREEN, SOUTHAMPTON, SO31 7LG - £500,000

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

21 MELVILLE GARDENS is a very small detached house of 110m², built sometime from 2007 onwards. It was last sold for £500,000 in October 2022, which was around 12% below the average October 2022 detached price in the Fareham local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was B.

21 MELVILLE GARDENS Sold Prices

Land registry data shows three sales for 21 MELVILLE GARDENS 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 21 MELVILLE GARDENS sales were for below the average price, whilst one was for above 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 21 OCT	£500,000	£567,264	12% below HPI
2015 27 NOV	£348,000	£390,400	11% below HPI
2007 14 MAR	£347,200	£308,576	13% above HPI

21 MELVILLE GARDENS 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 21 MELVILLE GARDENS sales between March 2007 and October 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 November 2015 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the October 2022 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 21 MELVILLE GARDENS?

21 MELVILLE GARDENS is 110m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 20% of detached houses in Sarisbury, based on EPC data. The below chart shows the distribution of detached houses by size in Sarisbury, and where 21 MELVILLE GARDENS lies on this distribution: 12% of detached houses are smaller than 21 MELVILLE GARDENS, and 86% of houses are larger. Note that EPC data is not available for all properties in Sarisbury.

21 MELVILLE GARDENS: Plot and Title Map

21 MELVILLE GARDENS sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 21 MELVILLE GARDENS, 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 21 MELVILLE GARDENS). 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 21 MELVILLE GARDENS?

21 MELVILLE GARDENS is located in SARISBURY GREEN, in the SO31 postcode district. The below map shows the position of No. 21 on MELVILLE GARDENS.