21, WATERSMEET, FAREHAM, PO16 0TE - £585,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

21 WATERSMEET is a midsized extended detached house of 126m², built sometime between 1996 and 2002. It was last sold for £585,000 in May 2023, which was around 6% above the average May 2023 detached price in the Fareham local authority area. The most recent EPC inspection was February 2024, where the current energy rating was B, and the potential energy rating was B.

21 WATERSMEET Sold Prices

Land registry data shows three sales for 21 WATERSMEET 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. All of the three 21 WATERSMEET sales were 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
2023 22 MAY	£585,000	£553,776	6% above HPI
2002 28 NOV	£260,000	£255,471	2% above HPI
1999 12 MAR	£139,950	£133,621	5% above HPI

21 WATERSMEET 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 WATERSMEET sales between March 1999 and May 2023 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 2002 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the May 2023 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 21 WATERSMEET?

21 WATERSMEET is 126m², which includes three extensions, according to the EPC inspection conducted in February 2024. This puts it in the largest 50% of detached houses in Fareham, based on EPC data. The below chart shows the distribution of detached houses by size in Fareham, and where 21 WATERSMEET lies on this distribution: 58% of detached houses are smaller than 21 WATERSMEET, and 41% of houses are larger. Note that EPC data is not available for all properties in Fareham.

21 WATERSMEET: Plot and Title Map

21 WATERSMEET sits on a plot of roughly 0.088 of an acre, or 358m². The below map shows the location of 21 WATERSMEET, 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 WATERSMEET). 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 WATERSMEET?

21 WATERSMEET is located in FAREHAM, in the PO16 postcode district. The below map shows the position of No. 21 on WATERSMEET.