23, THE SPINNEY, FAREHAM, PO16 8QD - £420,000

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

23 THE SPINNEY is a very small detached house of 84m², built sometime between 1950 and 1966. It was last sold for £420,000 in August 2019, which was around 7% below the average August 2019 detached price in the Fareham local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was D.

23 THE SPINNEY Sold Prices

Land registry data shows three sales for 23 THE SPINNEY 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 23 THE SPINNEY 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
2019 30 AUG	£420,000	£452,824	7% below HPI
2018 31 MAY	£412,500	£444,593	7% below HPI
2017 27 OCT	£410,000	£449,710	9% below HPI

23 THE SPINNEY 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 23 THE SPINNEY sales between October 2017 and August 2019 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 2018 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the August 2019 sale, which was also at 7% below the HPI.

How Large is 23 THE SPINNEY?

23 THE SPINNEY is 84m² according to the EPC inspection conducted in June 2010. This puts it in the smallest 20% of detached houses in Fareham, based on EPC data. The below chart shows the distribution of detached houses by size in Fareham, and where 23 THE SPINNEY lies on this distribution: 18% of detached houses are smaller than 23 THE SPINNEY, and 82% of houses are larger. Note that EPC data is not available for all properties in Fareham.

23 THE SPINNEY: Plot and Title Map

23 THE SPINNEY sits on a plot of roughly 0.139 of an acre, or 561m². The below map shows the location of 23 THE SPINNEY, 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 THE SPINNEY). 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 23 THE SPINNEY?

23 THE SPINNEY is located in FAREHAM, in the PO16 postcode district. The below map shows the position of No. 23 on THE SPINNEY.