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
23 MEADOW AVENUE is a midsized extended detached house of 116m², built sometime between 1983 and 1990. It was last sold for £187,950 in October 2002, which was around 23% below the average October 2002 detached price in the Fareham local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 23 MEADOW AVENUE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. All of the five 23 MEADOW AVENUE 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 |
---|---|---|---|
2002 22 OCT | £187,950 | £244,617 | 23% below HPI |
2002 3 MAY | £175,000 | £217,404 | 20% below HPI |
1998 30 NOV | £108,950 | £133,788 | 19% below HPI |
1997 9 DEC | £97,000 | £122,733 | 21% below HPI |
1996 28 NOV | £89,000 | £107,807 | 17% below HPI |
The below graph shows the average detached house price in the Fareham local authority area over time, sourced from the HPI. The five 23 MEADOW AVENUE sales between November 1996 and October 2002 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 2002 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2002 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.
23 MEADOW AVENUE is 116m², which includes two extensions, according to the EPC inspection conducted in November 2014. This puts it in the largest 50% of detached houses in Locks Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Locks Heath, and where 23 MEADOW AVENUE lies on this distribution: 51% of detached houses are smaller than 23 MEADOW AVENUE, and 48% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.
23 MEADOW AVENUE sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 23 MEADOW AVENUE, 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 23 MEADOW AVENUE). 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.
23 MEADOW AVENUE is located in LOCKS HEATH, in the SO31 postcode district. The below map shows the position of No. 23 on MEADOW AVENUE.